Voltaire 5,202 Posted 14 hours ago 3 hours ago, thegeneral said: Buffet makes money if the market goes up or down, he was correct again when dumbo took over. I’ll take his opinion on trade wars over TBayXXXVII. You just don't get it. I'll try one more time. Its not about his opinion being right or wrong. We all have spent our lifetimes witnessing the vast body of evidence that the guy knows what he's talking about better than most anyone. These actions are about what's best for US workers, not corporate globalist US bajillionaires who we've all seen gladly export or offshore jobs whenever they sense it'll make them a buck or two. 2 Share this post Link to post Share on other sites
thegeneral 2,910 Posted 13 hours ago 1 minute ago, Voltaire said: Its not about his opinion being right or wrong. These actions are about what's best for US workers, not corporate globalist US bajillionaires who've spent a lifetime gladly exporting jobs whenever they sense it'll make them a buck or two. Let’s try this another way. What is stopping you today from buying things only made in the USA. That is what you want, right? Share this post Link to post Share on other sites
Hardcore troubadour 14,934 Posted 13 hours ago 2 hours ago, thegeneral said: Buffet makes money if the market goes up or down, he was correct again when dumbo took over. I’ll take his opinion on trade wars over TBayXXXVII. Buffett went cash last year. Keep up. Share this post Link to post Share on other sites
easilyscan 863 Posted 8 hours ago Let me tell you something about that greaseball ****sucker Buffett, he's a snake. You turn your back on him, he stick it in. Warren Buffett may have been an incredible investor to get to the position he reached 30 years ago, good for him, but once you get to that point, you don't have to be so good anymore. You have the power to cut deals no one else can. Warren Buffett & his company, Berkshire Hathaway, played a significant role in the Kraft Heinz merger, acting as a major investor & financier. Berkshire Hathaway teamed up with Brazilian private equity firm 3G Capital to purchase Heinz in 2013, which later merged with Kraft Foods Group in 2015. Berkshire Hathaway owns 26.7% of Kraft Heinz. 3G capital is the modern day equivalent of Gordon Gekko. Slash & burn it's all those grease balls know how to do. It backfired. The merger has been a disaster du jour, yet many investors still believe they're going to turn things around, mainly because Warren Buffett owns 26% of the company. What they can't get through their retarded skulls, & won't believe regardless of how many times I inform them, is the deal Warren cut. In June 2015, Berkshire Hathaway exercised a warrant and acquired approximately 46.2 million additional Heinz shares for about one cent each, increasing its stake to 52.5%. This was part of a larger transaction where Berkshire Hathaway acquired Heinz for $23 billion. Berkshire's initial investments also included 425 million shares of Heinz Holding common stock and cumulative compounding preferred stock, according to SEC documents. Pretty focking hard to look bad when you own 46.2 million shares with a cost basis of $0.01 A Two hundred eighty-six thousand three hundred percent return as of the close Friday + all the dividends. Share this post Link to post Share on other sites
thegeneral 2,910 Posted 8 hours ago 16 minutes ago, easilyscan said: Let me tell you something about that greaseball ****sucker Buffett, he's a snake. You turn your back on him, he stick it in. Warren Buffett may have been an incredible investor to get to the position he reached 30 years ago, good for him, but once you get to that point, you don't have to be so good anymore. You have the power to cut deals no one else can. Warren Buffett & his company, Berkshire Hathaway, played a significant role in the Kraft Heinz merger, acting as a major investor & financier. Berkshire Hathaway teamed up with Brazilian private equity firm 3G Capital to purchase Heinz in 2013, which later merged with Kraft Foods Group in 2015. Berkshire Hathaway owns 26.7% of Kraft Heinz. 3G capital is the modern day equivalent of Gordon Gekko. Slash & burn it's all those grease balls know how to do. It backfired. The merger has been a disaster du jour, yet many investors still believe they're going to turn things around, mainly because Warren Buffett owns 26% of the company. What they can't get through their retarded skulls, & won't believe regardless of how many times I inform them, is the deal Warren cut. In June 2015, Berkshire Hathaway exercised a warrant and acquired approximately 46.2 million additional Heinz shares for about one cent each, increasing its stake to 52.5%. This was part of a larger transaction where Berkshire Hathaway acquired Heinz for $23 billion. Berkshire's initial investments also included 425 million shares of Heinz Holding common stock and cumulative compounding preferred stock, according to SEC documents. Pretty focking hard to look bad when you own 46.2 million shares with a cost basis of $0.01 A Two hundred eighty-six thousand three hundred percent return as of the close Friday + all the dividends. Some call this the art of the deal. Share this post Link to post Share on other sites
easilyscan 863 Posted 5 hours ago 2 hours ago, thegeneral said: Some call this the art of the deal. I assume this is somehow related to Donald Trump ? Share this post Link to post Share on other sites
BeenHereBefore 1,467 Posted 2 hours ago So he weighed in what does he weigh now ? Share this post Link to post Share on other sites
