Buffett waiting for shares to get "very cheap" – Telegraph

Buffet thinks we are in a recession and there is further to fall.
Would say I agree, but what is cheap. What would the Dow Jones be at to signal this…… sub 10,000?

Buffett waiting for shares to get “very cheap” – Telegraph: “The billionaire investor, who last week published his annual letter to Berkshire shareholders, said shares are not currently cheap and he’s waiting for them to become ‘very cheap’.”

3 Replies to “Buffett waiting for shares to get "very cheap" – Telegraph”

  1. Fed attempts to stabilize the situation have failed.

    Containment has failed.

    Attempts to control inflation (by talking it to death) have clearly failed.

    Gold closed at $1,000.00 an ounce. Oil closed over $110 a barrel.

    How much will the Fed cut next week? They are running out of bullets, the endgame draws closer, I can only assume more people will realise and then the true panic sets in. I was too early, saw it coming 2 years back,not that its done me any good. Looking to make money on the way down. Liking your sub 10,000 call.

  2. Fed attempts to stabilize the situation have failed.

    Containment has failed.

    Attempts to control inflation (by talking it to death) have clearly failed.

    Gold closed at $1,000.00 an ounce. Oil closed over $110 a barrel.

    How much will the Fed cut next week? They are running out of bullets, the endgame draws closer, I can only assume more people will realise and then the true panic sets in. I was too early, saw it coming 2 years back,not that its done me any good. Looking to make money on the way down. Liking your sub 10,000 call.

  3. Fed attempts to stabilize the situation have failed.

    Containment has failed.

    Attempts to control inflation (by talking it to death) have clearly failed.

    Gold closed at $1,000.00 an ounce. Oil closed over $110 a barrel.

    How much will the Fed cut next week? They are running out of bullets, the endgame draws closer, I can only assume more people will realise and then the true panic sets in. I was too early, saw it coming 2 years back,not that its done me any good. Looking to make money on the way down. Liking your sub 10,000 call.

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