29 sats \ 4 replies \ @Satosora 16 Aug \ on: $750 Billion Set to Surge into Markets: The Fed's Next Move Explained! econ
If a big crash will happen, will Buffets tbills make him in a stronger position?
write
preview
20 sats \ 3 replies \ @Undisciplined OP 16 Aug
That's the idea. He'll have good buying opportunities. His particular talent is identifying undervalued companies, so he'll probably pick some gems out of the scrap heap.
reply
33 sats \ 2 replies \ @Satosora 16 Aug
Right, but I dont know if it will work this time. If he would have invested a bit in bitcoin, he would have even more buying power now. But he said it was rat poison squared?
reply
20 sats \ 1 reply \ @Undisciplined OP 16 Aug
It'll "work" in the same way it has before. I doubt it will work compared to just buying as much bitcoin as is available.
reply
22 sats \ 0 replies \ @Satosora 16 Aug
I guess it would depend on how bad the economy tanks.
reply