alt Hacker NewsPretty clear and funny to me. Not sure how to explain it without just repeating the same thing.
It seems the markets will soon go through a period when Buffet's approach will work best, which makes it an inoportune moment for him to retire. Of course at his age retirement is expected, maybe even inevitable - that's the joke.
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I don't know how much of Bershire's funds Buffet personally manages nowadays - he's had other people managing a lot of it for years.
> And now after decades of stock buybacks, quantitative easing and other mad financial manipulation, comes again the time for value investors
These are things that have happened in the past. Mad financial manipulations? Like what is "mad"? "Comes again the time." How is it different than any other day?
> Pretty clear and funny to me.
You're making up your own interpretation of nonsense then calling it obvious. Good luck with that.
> It seems the markets will soon go through a period when Buffet's approach will work best
Why would you think so?
US equity is still at insanely high valuations, markets are full of denials about it and about the future tariff related uncertainty.