Bill Smead, chief investment officer at Smead Capital Management, joins CNBC’s ‘The Exchange’ to share his reactions to Berkshire Hathaway’s annual meeting over the weekend.
source
Bill Smead, chief investment officer at Smead Capital Management, joins CNBC’s ‘The Exchange’ to share his reactions to Berkshire Hathaway’s annual meeting over the weekend.
source
When CNBC avoids using the word "bearish" the situation is indeed bearish
The amount of“uh” in this interview is alarming.
As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make decent returns
Uh, he's way past the average life expectancy. I am not certain he's the barometer anymore.
Buffet lost
Just think of that. Buffett would trade all his billions with us for our youth.
So time > money
Never forget this. But If you don't have money for quality life, than there is not much left cause health will get you
I watched the full video of Berkshire Hathaway's annual meeting. I was impressed by how his position has remained fluid ever since he's been investing, and yet he still remains in the game. I've been following Buffett since 2019, and I've learnt so much from his personal investment style to earn myself five figures monthly in dividend income.
He may be waiting awhile longer.
Investors can’t predict the future, bearish periods automatically give way for a new set of stocks to buy and watch while setting the stage for a new profitable uptrend. I have come across articles of people that grossed profits up to $250k during this crash, what are the best stocks to put on a watch list or buy at the moment?
I think the stock market will do well in 2024, so I'm thinking of putting $220,000 into stocks for my retirement. Any advice on doing this safely? Also, any important tips for the current financial situation?
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
Whoa whoa where do you get 40% decline Jesus this guy. What a random statement nothing to do with Buffett.
Imagine if someone did this dry powder Buffett strategy…. in 1929. This is what he will do with his cash, and he will be able to buy companies for half or less than the current price. I say half but the stock market fell 90 percent and took 25 years to come back to 1929 levels (1954). What's coming will be worse than 29 and I am being very conservative when i say 50%% off.
I am buying gold. Nothing but gold
Bill Smead is one of the more enjoyable speakers to listen to. He is both knowledgeable and humble, which is pretty refreshing. He is also obviously a Buffett student. Thank you for sharing this interview.
bill is correct in reading the implied bearishness
What a load of nonsense. The truth is AAPL is not growing hence Buffet is trimming. This “analysts” interpretation is Buffett is bearish about the market. “he’s waiting for the imminent 40% decline in the market”?! So Buffetts a fortune teller now too?! Or a trader?! Which goes against his investment ideology of buying and holding even through 50% declines.
"Here is where genius ends and Madness begins" – Clara Morris
Market gonna keep going up
One huge move before the final curtain.
YouTube really needs to fix this bot problem that’s plagued any type of content related to finance
Bill is an idiot don’t listen to the choirs opinion. It’s worth every penny you paid for it. #Fuckfearmongerers
Warren Buffett 93.. lol like I give a rat
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
When I look at the quarterly chart of the S&P it is hard to see a "bearish" sentiment🤷
Warren said Taxes going up Huge.
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
How about using some of that $200 billion to pay taxes and help working families?
Warren is right Bears are coming
Warren hates conflict.
He would avoid any conflict if he can
Warren will not want to say that USA is in trouble and the stock market is too high.
Look at what happened to Jamie Diamond when he warned that USA is facing a recession.
He was called Hurricane Jamie.
I think Warren thinks that the stock market is too high.
When he is gone you may find a collection of mediocre companies over time
Ugh. The overanalysis of "code" speech is grating.
BRK acquires cash and looks for bargains. If there are no bargains (including bargains of their own stock), they let the cash stockpile. It's what they've done for decades.
To say he's"bearish" is to say he is making a prediction of the economy. He explicitly states that he doesn't do that. He just looks for bargains, and he's keeping his powder dry.
Does anyone have any underrated or lesser known tips for family finances and how to invest money as a family with minimal risk?
I think the game has changed. AI is chasing the stock where the price is going up. They are not programmed to look for value. Hence it makes sense why certain stocks just move and industry rotation is going very frequent and fast.
Or T-Bills at 5%+ is the sweet spot for new money now. 5:18
I disagree with most peoples takes on this. Buffett can’t find anywhere to deploy cash in the FEW AREAS he considers himself an expert in… he’s waiting for the right pitch as he would say. Doesn’t mean he thinks the market is overpriced or he’s bearish.
Bitcoin is on its way to breaking records, getting closer to hitting new high prices, showing that it's gaining more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general…managed to grow a nest egg of around 2.1Blitcoin to a decent 11.4Biitcoin. At the heart of this evolution is Samantha Jack , whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment
Old age has something to do with being bearish. Waiting for a 40% decline, the market will pass you by. Too much cash at this point in time.
Buffet owns Geico and See’s candies. Munger up on stage all those years eating see’s peanut brittle. $$$$ cash cow, must be nice!
Or rather than being bearish, Buffett can't identify investment opportunities that beat 5.2% low risk Treasuries.
How much percentage of buffets Aum is in cash?
Great analysis, stock market is way overvalued. Based on Ai hope. Does not see Ai generated billions but already spends billions. Where is the return and When?
true dat
Comments are closed.