Thread: Buffett speaks!

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  1. #1 Buffett speaks! 
    Ancient Fire Breather Retread's Avatar
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    https://www.marketwatch.com/story/wa...dea-2018-08-30

    And appears to have the same feeling for Tesla as I do.

    “I’d support whatever Tim Cook does, but I think it’d be a very poor idea to get in the auto business.”

    Warren Buffett

    Or maybe he just don’t like the ups and downs of the transportation market.
    It's not how old you are, it's how you got here.
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  2. #2  
    Ancient Fire Breather Retread's Avatar
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    Buffett right again

    http://www.latimes.com/business/auto...904-story.html

    Tesla stock falls as Mercedes unveils an all-electric SUV and Goldman Sachs says 'sell'

    Rising competition was one reason Goldman Sachs stock analyst David Tamberrino downgraded Tesla’s stock Tuesday morning; the other is the pending end of tax credits on its vehicles.
    In a note to investors, Tamberrino put a “sell” rating on Tesla stock with a target price of $210 a share — 30% below Friday’s closing price of $301.66. At the close of trading Tuesday, Tesla stock was down 4% to $288.95.
    Goldman had a sell rating on Tesla stock in August before the firm switched to a “not rated” label when it was hired to advise Tesla on a short-lived plan to take the company private.
    It's not how old you are, it's how you got here.
    It's been a long road and not all of it was paved.
    . If you ain't havin' fun, it's your own damn fault
    Reply With Quote  
     

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