posted by mark
on Thu, 03/12/2020 - 22:08
People always question (criticize) Buffett for holding so much in liquid assets and not optimizing his portfolio holdings. He has (had) over 100 billion in “dry powder” recently. Well...the events of the last week provide a clear example of why he does so.
You can be sure that Buffett and his two portfolio managers are "throwing down" on the left overs that speculators are throwing out.
With 30 year treasuries so low, high dividend yield stocks with long dividend histories getting hammered, you can bet the Omaha crew is going back for seconds and thirds and......
Stay tuned. Buffett may need yet another bib replacement for tomorrow!
Be smart, be well-read and be successful.
