• @[email protected]
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      016 days ago

      That was calm selling, not panic selling. The calm selling happens before the market crash, not during.

    • djsoren19
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      016 days ago

      That’s not panic selling, that’s transitioning to a cash position because you know a Republican is going to crash the American economy and want to be able to buy everything up cheaply.

    • @[email protected]
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      016 days ago

      one of his mantras is to be greedy when others are scared, be scared when others are greedy.

      essentially, buy low, sell high.

      him selling before a crash, is him cashing out on a high market to wait and buy during a “predicted” low market. so that in the future, he can sell high. thats how you actively invest. generally speaking.

      source: the universtiy of berkshire and hathaway.