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.
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Buffett does not time markets, so I disagree with this guy's opinion that he's waiting for the "next crash", that's nonsense. Buffett will make a purchase whether it's a bull or bear market, if he likes the business enough. He hasn't bought anything yet because he's yet to find anything big enough and that he likes enough to buy.
As an lnvestment enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
Why does this huge conglomerate buy dividend paying stocks, but REFUSE to pay a dividend itself? I've heard the tired old saw 'you only pay a dividend when you can't find anything better to do with $$$'. Paying a dividend, especially when the company makes purchases of other paying companies, is the most effective way for a shareholder to get something for the investment he or she has made. It's hypocritical as Hell NOT to pay a dividend. No owner of BH can get ANY of his/her money back without losing that share of the company.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Nicole Miller.
@aoergele
90 something sun setting, I would be bearish, too.