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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Warren frequently makes good arguments. But hearing from someone with his level of experience is also beneficial. Given that the majority of my holdings ($650K) consist of Nasdaq, Apple, and Tesla companies, his opinion or any other professional recommendations on what to do would be greatly appreciated. I entered the market early, but I'm not sure if I should sell or buy back at a bargain considering the status of the
Let’s be honest, valuations are at extremes, the market breadth is abysmal, now there are sectors where money could be deployed, but it’s hard to deploy $200 billion without outright buying up said opportunities entirely.
Makes sense for Butfett to be swallowing up huge swathes of government debt at 5/6%, he can wait it out and buy at the bottom when those buying at the top dump (and they will dump). Consumer facing companies are rolling over, unemployment is rising and the housing sectors starting to crack, at best we get a mild recession at worst a fall blown one.
In both the short and long run, a bear and bullish market provides equal avenue to amass good gains I've seen people make 6figures profit as high as $200k in a bear market and I've seen them pull it off much easily in a bull market, it all comes down to having the right information and applying it.
@michaeldavid6040
The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?