Editor's Note: As the post-tariff dust settles, new buying opportunities are forming in the markets. And tomorrow at 2 p.m. EST, the "Chart Whisperer," JC Parets, and Lead Technical Tactician, Nate Bear, will be showing traders exactly where the best technical trade setups are. It's part of our FREE "Smart Money" Portfolio Booster-Pack event. Here are just a few points JC and Nate will cover… - How to use relative strength to spot winning sectors fast.
- The best way to nail entries and exits with Fibonacci price zones.
- PLUS: Interactive Q&A session where your questions get answered!
Make sure to sign up soon because we're going live in less than 24 hours. Click here to sign up for free today. - Ryan Fitzwater, Publisher JC Parets, CMT, Founder, TrendLabs The big news coming out of the weekend is Warren Buffett officially stepping down from running Berkshire Hathaway (BRK.A). It's well over a trillion dollars in market cap at this point, and Uncle Warren is now in his mid-90s. Charlie Munger recently passed, so I'm sure it hasn't been the same without him behind closed doors. You could almost hear it in his voice on Saturday. It's time. What Charlie Said Now, here's what's fascinating. Since Warren Buffett acquired control of Berkshire in 1965, BRK.A is up 5,502,284%. The S&P 500 is up 39,054% during this period. That means Berkshire could drop 99% from here tomorrow and Warren Buffett would still be outpacing the S&P 500. That's insane. That's what legends are made of. Congratulations, Warren Buffett, you're an inspiration to us all. But it's something Warren Buffett's No. 1 partner once said that really resonates with me. In fact, Charlie Munger helped inspire everything we do around here. It's the basic idea underneath that insane outperformance. "If people weren't wrong so often," Charlie turned and said to Warren, "we wouldn't be so rich." |
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