Mr. Buffett is no dummy. There’s got to be some awfully good reasons he’s taking over a third of a trillion dollars off the equity table.
Warren’s Cash Horde
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
This Afternoon’s Hulks
After the close, we’ll wrap up – – sadly – -the last two cool earnings announcements of this cycle. Indeed, for the entirety of 2025, only NVDA’s report (in a month) will break the boredom. Looking at these two, Apple and Amazon, it seems to me AAPL is best poised for more strength while AMZN is vulnerable to weakness.
The Everyday Millionaire
In spite of all the mayhem this afternoon, I’ve got a lengthy meeting, so I won’t be posting new content until a couple of hours after the close. In the meanwhile, here’s a shocking fact: remember when being a millionaire used to be a huge deal? Thanks to the Fed, it’s the most common thing in the world, with the average household (not median, but average) being worth $1.3 million!
I’m BATMMAAN!
Nvidia is the most valuable company on the planet. Three that are close behind report this afternoon, which are MSFT, GOOGL, and META. Here’s an interesting chart showing how the NVDA market cap compares, over time, to the others.
The Day is Here!
Perhaps no chart captures the euphoria of the three-year-old bull market than Nvidia, which has crossed into $5 trillion territory. No other company in history has done that. NVDA, and the AI Bubble itself, have an invincible feel.
