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Buffett on speculative trends:
"Any asset class that has a big move that& #39;s initially based on fundamentals, is going to attract speculative participation at some point, and at some point that speculative participation can become dominant as time goes by." ">https://youtu.be/cEx5jrif8...
"Any asset class that has a big move that& #39;s initially based on fundamentals, is going to attract speculative participation at some point, and at some point that speculative participation can become dominant as time goes by." ">https://youtu.be/cEx5jrif8...
Buffett on speculative trends 2:
"We& #39;re not good at figuring out how far a speculative boom will go.
If the fundamentals are attractive...we& #39;ll make some money.
We may not make remotely as much money as somebody who plays out the last 30 days or 30 weeks of a real wild orgy."
"We& #39;re not good at figuring out how far a speculative boom will go.
If the fundamentals are attractive...we& #39;ll make some money.
We may not make remotely as much money as somebody who plays out the last 30 days or 30 weeks of a real wild orgy."
Buffett on speculative trends 3:
"When you& #39;ve had, in effect, the day traders of the internet move into the day trading of condos, then you get a market that can move in a big way." (2006 BRK Annual Meeting) ">https://youtu.be/cEx5jrif8...
"When you& #39;ve had, in effect, the day traders of the internet move into the day trading of condos, then you get a market that can move in a big way." (2006 BRK Annual Meeting) ">https://youtu.be/cEx5jrif8...
