Apple, Warren Buffett, Why Rich People Are Long Term InvestorsShort sellers continue to get rekt by shorting a "Bull Market".
Warren Buffett has shown to us time and time again the only way to be rich and be super wealthy is Long Term Investing.
Short term traders are not in the top list and will never be, because market timing and trying to short a never ending bull market is a pointless things to do.
Eventually market will top and reach the peak of the bubble, the easiest thing to do is to hold cash and put money in something else.
Short selling are only for losers.
Buffett
BRK.B Defensive after earningsSeasonal defensive BRK.B has bounced off the 200MA. It fell last week (w/e May 10) despite beating on earnings. There were no guidance issues, but it was caught up in the trade war sell-off, despite being a defensive little affected by this, and by being overbought.
I suggest entry at 208 ($1 below market). We are relying on the rising channel (note the very precise channel touches) to avoid a repeat of Feb-Mar price action, hence the tight stop of 203, just below last week’s low. Targeting 224, the previous ATH gives a 3.2:1 trade.
$BRK.B $BRK.A long term entry at 199.99BRK.B - Berkshire Hathaway aka Baby Berk
I've been a long time fan of Warren Buffett's strategies and mentalities. While this is not a dividend play, the entry under 200.00 is very comfortable for the long term. I picked up my shares at 199.99 (under 200, I wasn't kidding :laughing:)
Long KMI - excellent trendFew days ago KMI moved out of consolidation zone on higher volume. Weak structure above and price discovery mode almost guarantee (I don't usually say that :) ) growth up to $24 and higher ($32).
Today KMI will have earnings announcement after market close, so I am going to use possible wide price swings to buy some shares.
This is one of the Buffett' companies anyway (with average price of $23,65), so I prefer to have it in the long-term portfolio.
(Buffett portfolio)