Oracle of Orlando

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Only three injuries and no fatalities were reported for the tornado along its entire path, so it worked out in the end. But, yeah......that's wild to think about, and is proof of the seeming randomness of tornadoes.

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Dodging a tornado is kind of like drafting a quarterback.
Pretty much a crapshoot

I wonder how many people left their vehicle to take cover in that building ?

Hey Little Nicky,

If people didn't care then you wouldn't have made 10's of millions for coaching a kids game.

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I wonder if they could take those sumos and teach them some OL techniques kinda like they trained those Indian Cricket guys to be baseball pitchers

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No kidding.
Do Sumo Wrestlers get paid so much in Japan that it isn't worth trying football ?
Or do Sumo Wrestlers not have the stamina to do that for the duration of an NFL game ?

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Your reading comprehension is worse than your math. I said the man has not done anything in over 20 years. That is true. What he did in 1885 is really of no importance.

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So people haven't lost a dime over the last 20 years by having money in Berkshire vs the S&P since their performance is identical.
Over the last 60 years people have lost a fortune by having money in the S&P instead of Berkshire because Berkshire has doubled the return of the S&P.

Dude, you just need to stop already, you look like an idiot. :lol:

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He hasn’t beaten the S&P 500 in 20-30 years. What are you talking about.

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Dude, it's not even close


Compounded Annual Gain – 1965-2020
Berkshire Hathaway 20.0%
S&P 500 10.2%

Overall Gain – 1964-2020
Berkshire Hathaway 2,810,526%
S&P 500 23,454% :lol:

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Has anyone done the math on how much money buffet has lost by holding cash instead of just having it sit in the S&P 500?

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Berkshire Hathaway has an average return of over 20 percent a year for the entire history of the company,
During that same time frame the S&P has average what ? 7 percent ?
Yeah, that Buffett is a real dummy :lol:

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I've owned AAPL for well over a decade. I think my avg is $17/share or so. I started trimming it last year. It was just such an outsized position for me, and I just didn't see where the growth is anymore.

Even after selling half, it's still my 2nd largest individual stock holding. I'm not sure what I'll do with the rest at this point.

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That's how you do it.
Some people fall in love with a stock and ride it up, only to ride it back down.

I know a DELLionaire that did just that.

Don Draper " What do women want?"
Roger Sterling "Who cares ?".

Best answer ever.

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He has held large amounts if cash forever. $189B is a lot. Buffet is probably thinking that $189B ain't what it used to be. Lol.

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That's not true.
In the early/mid 90's, when the market was roaring, he only had around a Billion in cash.
In 1999, right before the market crash, he raised his cash position 10x to $10 Billion.
When the market crashed in 2000/2001 he went on a spending spree and his cash dropped to $2 Billion.
In 2006/2007, right before the financial crisis, he was hoarding cash and his cash stock pile was at a then record high $50+ Billion.
In 2009/2010 his cash position dropped to $25 Billion as he went on a shopping spree when the market crashed.
In 2022 his cash position was $100 Billion
His cash position is now $189 Billion, up over 10 percent from last quarter and up nearly 100 percent in less than 2 years.
He said he expects his cash hoard to continue growing, and that while rates currently provide a nice return, that he wouldn't be deploying his cash even if he were only earning 1 percent on that cash.
He also sold stocks last quarter at the highest rate in years.
People have this misconception that Buffett is just a "buy & hold" guy because he's owned KO (Coca Cola) forever.

Warren obviously thinks that there is a lot more risk than reward currently,
Based on the rate that he is dumping stocks & piling cash makes you wonder if he's not expecting something much worse.
He's not always right, but he is the greatest investor in the last century.