Warren Buffett's plan
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Join Date: Dec 2018
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Please don't post paywalled pieces
Thanks all.
I'm not sure I'd call this a plan, though. Not a course of actions (like a rescue plan), but simply a single action - getting out. Know when to hold 'em and know when to fold 'em - and BH folded 'em.
It was nice that he pointed out this was not the airlines' faulty operation, simply an external market situation too fluid and unpredictable in which to stay invested.
I'm not sure I'd call this a plan, though. Not a course of actions (like a rescue plan), but simply a single action - getting out. Know when to hold 'em and know when to fold 'em - and BH folded 'em.
It was nice that he pointed out this was not the airlines' faulty operation, simply an external market situation too fluid and unpredictable in which to stay invested.
Chief Bottle Washer
