Thread: Bezos: Why it won't matter if Fire Phone flops
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Old 12-06-2014, 08:57 PM   #47
SteveEisenberg
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Quote:
Originally Posted by murg View Post
Thanks. I'm going to short Amazon stock now!
I know you are joking, but I had, of course, no intent to be giving stock market advice. For a prediction concerning Amazon's long-term future to be actionable by securities purchasers -- let alone short-sellers -- you would have to know, with some precision, when ups and downs will take place. I don't know that, and doubt anyone else does.

Quote:
Originally Posted by wizwor View Post
When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.
That's his job, but it doesn't reflect the advice he gives people he cares about:

http://www.businessinsider.com/warre...0-index-2014-3
Last edited by SteveEisenberg; 12-06-2014 at 10:17 PM.
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