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re: I’m selling everything tomorrow Friday June 12 2026

Posted on 6/15/26 at 2:51 pm to
Posted by Fat Bastard
alter hunter
Member since Mar 2009
93617 posts
Posted on 6/15/26 at 2:51 pm to
quote:

I’m selling everything tomorrow Friday June 12 2026


quote:

I’m all cash until the start of 2028.







quote:

JoeyP239


Posted by LSURussian
Member since Feb 2005
135363 posts
Posted on 6/15/26 at 3:08 pm to
One of Warren Buffett's sayings is, "The stock market is a device for transferring money from the impatient to the patient."

You have chosen to be impatient.
Posted by bayoumuscle21
St. George
Member since Jan 2012
5093 posts
Posted on 6/16/26 at 4:49 am to
quote:

I’m all cash until the start of 2028.


Just play the vix. When vix is over 25 buy indexes, when vix goes under 13-14 sell and wait until it hits 25+ again.
Posted by AkronTiger
2025 NFL Survivor Champion
Member since May 2021
3472 posts
Posted on 6/16/26 at 6:30 am to
You chose…poorly
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15394 posts
Posted on 6/16/26 at 8:54 am to
I don't know if anyone else will remember but a poster here called the 2009 bottom within 24 hours of the actual irl bottom. I was in awe.

That same poster also spent the next couple of years mocking people who bought bitcoin at sub $1 prices. So you win some you lose some I guess.
Posted by tigerfoot
Alexandria
Member since Sep 2006
61877 posts
Posted on 6/16/26 at 9:20 am to
quote:

"The stock market is a device for transferring money from the impatient to the patient.
after watching my BRKB for a long time, he is testing mine. It has held back my performance, but when the market has a shite day...it creeps up. When the market is hot, it is cold.
Posted by StonewallJack
Member since Apr 2008
1150 posts
Posted on 6/16/26 at 12:32 pm to
shoulda sold yesterday!
Posted by bayoubengals88
LA
Member since Sep 2007
26178 posts
Posted on 6/16/26 at 1:22 pm to
quote:

after watching my BRKB for a long time, he is testing mine. It has held back my performance, but when the market has a shite day...it creeps up. When the market is hot, it is cold.
BRKB is in the past.
They finally bought a tech stock, AAPL, which has tried to stay away from AI Capex for as long as possible.

Finally, they wised up and invested in the recent GOOG funding round, but even still, that’s a pretty safe bet.

QQQ will continue to destroy BRKB in annual returns.
Posted by geauxtigers
Biloxi Mississippi
Member since Nov 2003
2706 posts
Posted on 6/16/26 at 3:22 pm to
(no message)
This post was edited on 6/16/26 at 3:26 pm
Posted by Cajun75
Member since Mar 2022
977 posts
Posted on 6/16/26 at 3:27 pm to
I had some BRK.B I purchased a little over a year ago, but after watching it do nothing but go down a bit after a whole year, I exited and deployed those funds elsewhere. It sure seems that it has had its day.
Posted by LSURussian
Member since Feb 2005
135363 posts
Posted on 6/16/26 at 3:45 pm to
quote:

after watching my BRKB for a long time, he is testing mine.
I don't think Berkshire has the same investment genius today as it had when Warren Buffett and Charlie Munger were in charge.

I know Buffett left some smart people in place there when he retired but Buffett was special.

Not perfect, but special.
Posted by FLObserver
Jacksonville
Member since Nov 2005
16395 posts
Posted on 6/16/26 at 8:36 pm to
quote:

BRKB is in the past.

Agree. All the boomers just shook their fist in anger.
Posted by djrunner
Baton Rouge
Member since Jun 2010
5678 posts
Posted on 6/17/26 at 5:22 pm to
They have been liquidating and going to cash for 3+ years now waiting for a big correction and ended up missing one of the biggest bulls of a lifetime.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
46892 posts
Posted on 6/24/26 at 12:53 pm to
Just checking in, Joey. Haven't heard from you in a while
Posted by Fat Bastard
alter hunter
Member since Mar 2009
93617 posts
Posted on 6/25/26 at 1:32 pm to
quote:

Just checking in, Joey. Haven't heard from you in a while


Posted by waverly911
Member since Sep 2007
231 posts
Posted on 6/26/26 at 10:51 am to
What is supposed to happen at the start of 2028 that will make it safe for Joey to jump back in?

BRK.B has been an underperformer in the last 1, 5 and 10 years compared to the S&P 500, but Berkshire outperforms that benchmark if you go back to when the B shares became available.

Berkshire gets smoked when you compare it over the same time frame above to VGT and QQQ.

Take Joey's shoelaces away.
Posted by Everyday Is Saturday
Member since Dec 2025
2766 posts
Posted on 6/26/26 at 10:57 am to
quote:

What is supposed to happen at the start of 2028 that will make it safe for Joey to jump back in?


That is when Joey’s time travel machine returns from Sept 1929.
This post was edited on 6/26/26 at 10:58 am
Posted by Fat Bastard
alter hunter
Member since Mar 2009
93617 posts
Posted on 6/29/26 at 12:31 pm to
quote:

That is when Joey’s time travel machine returns from Sept 1929.


yeah he went back and sold before the crash then went back and bought cheap after.
Posted by FLObserver
Jacksonville
Member since Nov 2005
16395 posts
Posted on 6/29/26 at 3:57 pm to
From my time on the money board it seems the sky is falling crowd seems to show up after a few days of consecutive big drops. He probably has this thread bookmarked just waiting.
Posted by cadillacattack
the ATL
Member since May 2020
11540 posts
Posted on 6/30/26 at 8:58 am to
quote:

Goldman Sachs and Morgan Stanley are bullish on AI and think SpaceX could have $3 trillion in annual revenue by 2040. They also say that this could be the beginning of a very long bull run.


True.

And it is also true that they were saying the same things just before the dot com bubble burst.

Different bubbles this time - stocks and housing - but bubbles nonetheless.

Like Joey, I still carry the scar tissue from those six-figure lessons.
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