Warren Buffett loses nearly $4 billion in single day on his Apple stake

Discussion in 'Finance' started by Robert, Nov 2, 2018.

  1. Robert

    Robert Well-Known Member Donor

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    And his secretary that he brags he pays a low salary never lost 4 billion in a single day. So Warren, do you plan to ask her to cut her salary due to your losses? Who feels sorry for Warren Buffett? Is this the rich man loathed by Democrats? Do they also loathe the very wealthy Oprah Winfrey they turned to try to win GA Governorship?

    Can you imagine needing her to win a high state office?
    https://finance.yahoo.com/m/cd75f3d5-70f1-3432-91bf-4dea25b8e01a/warren-buffett-loses-nearly.html

     
  2. Doug_yvr

    Doug_yvr Well-Known Member Past Donor

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    I don't think he brags about paying his secretary a low salary. I think what he did was challenge other wealthy people to prove they paid higher taxes than their secretary.

    Don't really understand the rest of your rant.
     
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  3. Robert

    Robert Well-Known Member Donor

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    Your not getting it is noted.
     
  4. Shonyman32

    Shonyman32 Active Member

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    I dont think anyone's getting it.
     
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  5. Daniel Light

    Daniel Light Well-Known Member

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    Just to put this in perspective, when Buffett bought the Apple stock in June 2018, it was valued at $145 a share. Just today, that same Apple stock broke $245 a share. So plug that 250 million shares into a $100 dollar per share gain and ... wholly bat crap.
     
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  6. Ernest T.

    Ernest T. Newly Registered

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    The ultimate high roller.
     
  7. Robert

    Robert Well-Known Member Donor

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    I see no Democrat hating Warren Buffett due to staggering gains as they hate others who also gain staggering gains but are republicans.
     
  8. kazenatsu

    kazenatsu Well-Known Member Donor

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    Buffet is a Midwestern farm Democrat. That's hardly the same thing as a regular Democrat. It used to be a more common thing maybe 50 or 60 years ago, but is today a rare thing. Suffice to say, it's pretty much equivalent to a moderate.

    (It basically would have been the Progressive wing of the Republican party before the FDR era)
     
    Last edited: Nov 7, 2019

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