OT: Why is Warren Buffet always ahead of the game?

[itseasyas1-2-3]

A couple reasons are he's a smart guy and secondly he is the insider of all insiders. When you know what's coming ahead of time, it's a lot easier to get out of the way. Example: I've been saying for quite some time that the banking system is in trouble, even the big banks. Let me give you my latest example...

There is absolute3 weeks ago Buffet sold over $ 7 BILLION dollars of Bank of American stocks. Then last week he sold another $ 3+ BILLION dollars worth of BOA stocks. At that point, he became less than a 10% holder of the stock and was no longer required to publicly posts his trades/sales of that stock. There's no chance he owns even a single BOA stock as of today. Why do I say that? Since 2022 Buffet has sold a lot of bank stocks.

He now owns ZERO BOA stock.
He now owns ZERO Wells Fargo stock.
He now owns ZERO USB Bank stock.
He now owns ZERO JP Morgan stock.
He now owns ZERO Goldman Sachs stock.
The volume of shares among these companies vary from 12 million to 346 millions shares.

Ray Dalio, another wealthy billionaire, and the owner of the largest hedge fun in the USA now owns ZERO bank stock. You have to ask yourself, what do these two incredibly successful businessmen know that you or I don't know?

Stocks aside, and you don't own your stocks either, unless you've spoken to your broker and ordered him to send a request to the transfer agent and have that entity physically send you the paper certificate.

I've said via the Dodd-Frank Act of 2010 any money you have in the bank is not yours, its the banks and you are an unsecured creditor. In subsequent legislation, the word "fraud" is used and allowed to be used in financial transactions.

Some of my fanboys on here like Walleye, Stone Temple Husker, huskerfan123456, et al can now begin to whoop and holler because I have 2 more posts I'm going to make regarding the BRICS+ countries meeting in Kavan for the next 3 days as well as a post on physical gold and silver..

Again, this will be long winded, and since I'm not being charged by the word, I guess I'll make my posts as long as I want.

 

[dpnavy]

A couple reasons are he's a smart guy and secondly he is the insider of all insiders. When you know what's coming ahead of time, it's a lot easier to get out of the way. Example: I've been saying for quite some time that the banking system is in trouble, even the big banks. Let me give you my latest example...

There is absolute3 weeks ago Buffet sold over $ 7 BILLION dollars of Bank of American stocks. Then last week he sold another $ 3+ BILLION dollars worth of BOA stocks. At that point, he became less than a 10% holder of the stock and was no longer required to publicly posts his trades/sales of that stock. There's no chance he owns even a single BOA stock as of today. Why do I say that? Since 2022 Buffet has sold a lot of bank stocks.

He now owns ZERO BOA stock.
He now owns ZERO Wells Fargo stock.
He now owns ZERO USB Bank stock.
He now owns ZERO JP Morgan stock.
He now owns ZERO Goldman Sachs stock.
The volume of shares among these companies vary from 12 million to 346 millions shares.

Ray Dalio, another wealthy billionaire, and the owner of the largest hedge fun in the USA now owns ZERO bank stock. You have to ask yourself, what do these two incredibly successful businessmen know that you or I don't know?

Stocks aside, and you don't own your stocks either, unless you've spoken to your broker and ordered him to send a request to the transfer agent and have that entity physically send you the paper certificate.

I've said via the Dodd-Frank Act of 2010 any money you have in the bank is not yours, its the banks and you are an unsecured creditor. In subsequent legislation, the word "fraud" is used and allowed to be used in financial transactions.

Some of my fanboys on here like Walleye, Stone Temple Husker, huskerfan123456, et al can now begin to whoop and holler because I have 2 more posts I'm going to make regarding the BRICS+ countries meeting in Kavan for the next 3 days as well as a post on physical gold and silver..

Again, this will be long winded, and since I'm not being charged by the word, I guess I'll make my posts as long as I want.

Interesting as I have a informed friend who studies the banking system a lot & has been consistently telling me this same information. I was thinking regional banks probably seeing future trouble. My friends buys physical silver & gold all the time. I am into gold & silver ETF's moderate way. Will study this early today more!

 

[BTF69]

I bet warren just keeps his money in coffee cans and under his bed.

 

[Huskers123456]

A couple reasons are he's a smart guy and secondly he is the insider of all insiders. When you know what's coming ahead of time, it's a lot easier to get out of the way. Example: I've been saying for quite some time that the banking system is in trouble, even the big banks. Let me give you my latest example...

There is absolute3 weeks ago Buffet sold over $ 7 BILLION dollars of Bank of American stocks. Then last week he sold another $ 3+ BILLION dollars worth of BOA stocks. At that point, he became less than a 10% holder of the stock and was no longer required to publicly posts his trades/sales of that stock. There's no chance he owns even a single BOA stock as of today. Why do I say that? Since 2022 Buffet has sold a lot of bank stocks.

He now owns ZERO BOA stock.
He now owns ZERO Wells Fargo stock.
He now owns ZERO USB Bank stock.
He now owns ZERO JP Morgan stock.
He now owns ZERO Goldman Sachs stock.
The volume of shares among these companies vary from 12 million to 346 millions shares.

Ray Dalio, another wealthy billionaire, and the owner of the largest hedge fun in the USA now owns ZERO bank stock. You have to ask yourself, what do these two incredibly successful businessmen know that you or I don't know?

Stocks aside, and you don't own your stocks either, unless you've spoken to your broker and ordered him to send a request to the transfer agent and have that entity physically send you the paper certificate.

I've said via the Dodd-Frank Act of 2010 any money you have in the bank is not yours, its the banks and you are an unsecured creditor. In subsequent legislation, the word "fraud" is used and allowed to be used in financial transactions.

Some of my fanboys on here like Walleye, Stone Temple Husker, huskerfan123456, et al can now begin to whoop and holler because I have 2 more posts I'm going to make regarding the BRICS+ countries meeting in Kavan for the next 3 days as well as a post on physical gold and silver..

Again, this will be long winded, and since I'm not being charged by the word, I guess I'll make my posts as long as I want.

Post away. You seem like you have spent the majority of your life preparing for some kind of societal collapse that won't come. And now you try to convince other people.

 

[BTF69]

Post away. You seem like you have spent the majority of your life preparing for some kind of societal collapse that won't come. And now you try to convince other people.

I actually went to my bank the other day and it was closed.

I mean, it was Sunday and 3pm. So I just went to the ATM, but still.

 

[drubendall]

It is true that the big national banks want to end regional banks, which would be bad for consumers and small business. They make loans that big banks don’t want to trifle with.

 

[c3o]

Post away. You seem like you have spent the majority of your life preparing for some kind of societal collapse that won't come. And now you try to convince other people.

Society is destined to collapse. They all do eventually. Ours is no different

 

[Huskers123456]

Society is destined to collapse. They all do eventually. Ours is no different

It isn't coming in this guys lifetime. Or mine.

 

[Baxter48]

It isn't coming in this guys lifetime. Or mine.

You sure?

 

[BTF69]

You sure?

I am still waiting for us to switch over to the metic system!!!

 

[61bigredfan]

Maybe they’re afraid that somebody will increase tariffs across the board a.k.a. the Smoot–Hawley Tariff Act of 1930 which worsened the depression.

 

[BTF69]

Maybe they’re afraid that somebody will increase tariffs across the board a.k.a. the Smoot–Hawley Tariff Act of 1930 which worsened the depression.

I love that people totally use this but the only reason anyone knows about it at all is because of this

 

[61bigredfan]

I love that people totally use this but the only reason anyone knows about it at all is because of this

View embedded media

Does that mean it’s wrong?

 

[BTF69]

Does that mean it’s wrong?

No, it doesn't mean it is wrong.

But when you are using information from one of the most iconic movies in American history and using one of the most iconic scenes, just show the clip and sort of sources.

I mean, that scene right there would have done a better job getting your point across instead of trying to act like you are a history nerd.

It is not like you have been sitting there reading posts and twirling your mustache, waiting for a chance to use your Smoot–Hawley Tariff Act of 1930 knowledge.

 

[drubendall]

I am still waiting for us to switch over to the metic system!!!

They tried that on is when I was in grade school. Good Americans that we were, we were not having it.

 

[redli]

He's not ahead of the game, at least not like my grandson was. I didn't know anything about it, but my grandson told me all about bitcoin in 2010. See, he's a computer programmer working for the CIA and he told me it's the future because all banks are going to collapse. I feel sorry for everyone who wasn't there when I bought bitcoin and who only have "companies" in their 401ks. I put it in quotes because they're all fake and everything is going to collapse. Except bitcoin. Grandson. Fiat. It's for the kids. It doesn't matter if it goes down because I got it at .0001 dollars. Bitcoin.

 

[BTF69]

They tried that on is when I was in grade school. Good Americans that we were, we were not having it.

Amen!

**** THAT SYSTEM and **** THE KING!

 

[drubendall]

Maybe they’re afraid that somebody will increase tariffs across the board a.k.a. the Smoot–Hawley Tariff Act of 1930 which worsened the depression.

We’re gonna drop 400% tariffs on China.

 

[drubendall]

He's not ahead of the game, at least not like my grandson was. I didn't know anything about it, but my grandson told me all about bitcoin in 2010. See, he's a computer programmer working for the CIA and he told me it's the future because all banks are going to collapse. I feel sorry for everyone who wasn't there when I bought bitcoin and who only have "companies" in their 401ks. I put it in quotes because they're all fake and everything is going to collapse. Except bitcoin. Grandson. Fiat. It's for the kids. It doesn't matter if it goes down because I got it at .0001 dollars. Bitcoin.

Brutal! 😅🤣

 

[BTF69]

He's not ahead of the game, at least not like my grandson was. I didn't know anything about it, but my grandson told me all about bitcoin in 2010. See, he's a computer programmer working for the CIA and he told me it's the future because all banks are going to collapse. I feel sorry for everyone who wasn't there when I bought bitcoin and who only have "companies" in their 401ks. I put it in quotes because they're all fake and everything is going to collapse. Except bitcoin. Grandson. Fiat. It's for the kids. It doesn't matter if it goes down because I got it at .0001 dollars. Bitcoin.

Lies! My Grandsons wife, her fetus, actually started investing in utero (she also gave Nirvana that name for their album, while actually in utero)

Just stop trying to prove stuff that didn't happen when clearly everything I am posting is true.

Also, you are correct, companies are not real, neither are 401Ks, in fact, nothing is real...



Or is it?

 

[drubendall]

Amen!

**** THAT SYSTEM and **** THE KING!

I’m not actually kidding. a lot of folks were super opposed to it. This was the height of the Cold War too, so that was a factor. We didn’t need some commie numbers system.

 

[BTF69]

We’re gonna drop 400% tariffs on China.

Those kids in China are gonna be pissed when they find out their wages are getting cut from 50 cents a day to 25 cents a day. Hahaha

 

[BTF69]

I’m not actually kidding. a lot of folks were super opposed to it. This was the height of the Cold War too, so that was a factor. We didn’t need some commie numbers system.

Oh I know!

The cold war stuff was great! Remember all the Made-For-TV movies about WWIII?

Seemed like John Lithgow stared in like 4 of them.

 

[61bigredfan]

No, it doesn't mean it is wrong.

But when you are using information from one of the most iconic movies in American history and using one of the most iconic scenes, just show the clip and sort of sources.

I mean, that scene right there would have done a better job getting your point across instead of trying to act like you are a history nerd.

It is not like you have been sitting there reading posts and twirling your mustache, waiting for a chance to use your Smoot–Hawley Tariff Act of 1930 knowledge.

I am a history nerd. And proud of it.

 

[61bigredfan]

We’re gonna drop 400% tariffs on China.

And China is going to pay them!

 

[itseasyas1-2-3]

Interesting as I have a informed friend who studies the banking system a lot & has been consistently telling me this same information. I was thinking regional banks probably seeing future trouble. My friends buys physical silver & gold all the time. I am into gold & silver ETF's moderate way. Will study this early today more!

dp, props to you and your friends for at least being in the game of real money. I never try to tell anyone what to do with their money, I just tell them what I do with mine. I've never really considered the GDL or the SLV because they can settle in USD rather than actual physical metal.

If you do some more deep research you will find the SLV is leveraged 408 paper ounces to
every 1 oz of physical silver those ETF's actually own. In other words, there are 407 other claims to that same 1 ounce of physical silver ETF you may own. ETF's have been used as nothing more than to drive the price of gold and silver down.

As far as regional banks, just last Friday, a small ( $100 Million) regional bank in Lindsay, Oklahoma was closed down and taken over by the FDIC. The reason the FDIC used was "fraud."
A note on the door from the FDIC, said Monday when the bank reopens the customers can get 50% of their money and then will get the rest when the assets from the bank are dissolved.

Those that have under 250K are insured by the FDIC insurance fund, which only has a total of $ 125 Million in it. That's < 1.1% of bank deposits to fulfill the entire bank deposits nationwide. In other words, when the crap hits the fun, people are gonna be S.O.L. because Old Yeller already said there will be no bail-outs after the last debacle with the big BANKS last March.

Instead there will be bail-ins and that means customer assets will be used to satisfy the losses from each bank. In exchange for that money bailed in from customer accounts, they will be issued essentially worthless bank stocks which typically have a value of ZERO.

Good to hear from you again, dp, keep fighting the good fight and stay safe and healthy.

 

[BTF69]

I am a history nerd. And proud of it.

You knew it from Ferris, it is okay.


"When Cameron was in Egypts land..."

 

[redli]

Lies! My Grandsons wife, her fetus, actually started investing in utero (she also gave Nirvana that name for their album, while actually in utero)

Just stop trying to prove stuff that didn't happen when clearly everything I am posting is true.

Also, you are correct, companies are not real, neither are 401Ks, in fact, nothing is real...



Or is it?

As my nephew told me, the world is a hologram and bitcoin is the lootbox in the simulation. If you don't have any, you can't level up in the simulation. I'm not using it, though, I'm leaving it for my grandkids. Bitcoin. Societal collapse. Great Depression. Ethereum.

 

[Charlie Marlow]

Metric system would be better but the nation’s infrastructure isn’t set up for it.

 

[drubendall]

And China is going to pay them!

Tough times call for tough measures. We could always let China set up manufacturing plants in Mexico and import cars into the US.

 

[drubendall]

Metric system would be better but the nation’s infrastructure isn’t set up for it.

If you want to do business with America, you need to learn American. I’d be in favor of the rest of the world abandoning their languages and adopting American English. It’s for the best really.

 

[BTF69]

My BIL is a bit of a "survivor" and keeps his money in safes and shit. He is scared of banks. Other than that he is normal but I don't think he has a debit card or anything like that.

 

[BTF69]

If you want to do business with America, you need to learn American. I’d be in favor of the rest of the world abandoning their languages and adopting American English. It’s for the best really.

I mean, for the most part, hasn't that happened? At least with the countries that actually accomplish stuff?

 

[itseasyas1-2-3]

Post away. You seem like you have spent the majority of your life preparing for some kind of societal collapse that won't come. And now you try to convince other people.

I'll take you off Ignore long enough to respond. You obviously have an enormous normalcy bias, and that's okay. It's not my job to convince anyone of anything, I just say what I've done and what I do.

Presumably, we're all big boys and girls and do what we feel is in our own best interests. I don't wish anyone harm, but some folks are gonna get a wake up call, and it's not gonna be pretty.

Why would you think these insiders would sell every banking stock? You think they need the money? Do you think they may feel the banking industry is on firm ground or shaky ground?

 

[leodisflowers]

At that level they are all corrupt and all share inside info with each other.

 

[itseasyas1-2-3]

Society is destined to collapse. They all do eventually. Ours is no different

I would give you a Like, because I agree, but I can't cheer on our impending collapse.

 

[BTF69]

I feel like some people think The Walking Dead was a Documentary.

 

[litespeedhuskerfan]

Most of ya'll bought grams and or ounces of weed depending on the quanity that was desired back in high school, so if hippies can get used to it, the rest of us should be able to follow suit. Right?

 

[Dr_Alan_Grant]

I am still waiting for us to switch over to the metic system!!!

that would definitely doom us.

 

[BTF69]

Most of ya'll bought grams and or ounces of weed depending on the quanity that was desired back in high school, so if hippies can get used to it, the rest of us should be able to follow suit. Right?

Hahaha! I never thought of it like that!