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Sunday, 11/03/2019 3:34:50 PM

Sunday, November 03, 2019 3:34:50 PM

Post# of 2137
If Buffett can't find value because of over valuation in the marketplace, does that mean he will start selling this time including a tech company like Apple, whose nose bleeding value is at great risk with a global recession near fait accompli?

I remember when Buffett lamented how he should have sold Coke in the Y2K bubble almost nineteen years ago. That was telling knowing how this past epiphany would have included a long term capital gains tax factor had he done so really pointing to the over valuation that had existed in his mind.

It's also odd since KO has significantly outperformed its longer term 1998 high before Buffett made that comment, and hadn't sold either, compared to today.

He supposedly doesn't know anything about "technology" but he is loaded up to the gills with Apple shares. Who tells him about these unknowable things?

Maybe his crystal ball has Apple producing cash in the quadrillions beyond the trillion dollar market cap it maintains today, much like a can of coke will for longer than human eyes might ever see.

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