RE:RE:Whales are in trouble?Pandora wrote:
Here's one for you:
"Buffett follows a buy-and -hold strategy.He knows that building shareholder wealth takes years of patient,unstinting work.CEOs must put capital to work in ventures that need to mature, like good wine,before they can fully pay off and earn consistent, competitive returns. That's is why investors need to know if the CEO,s they invest with can be trusted to put their money to work in smart,productive ways. "
Buffett along with many other CEO's have been seeking shares and have built very large cash positions. Thats concerning as typically they take loans against their shares. Not the case anymore. There's a massive downturn coming and they are positioning themselves to capitalize on the downturn.