OOOOOOOHHHH intetesting!! Didnt know he was that…uhmmm, influential? (Trying to find the correct word to use)
Someome in that other forum also said this regarding the deal:
After all, the more you’re willing to risk, the greater the potential reward
Aint that the true?
Edit: These were his words.
“We don’t know what the Justice Department will do, we don’t know what the EU will do, we don’t know what 30 other jurisdictions will do. One thing we do know is that Microsoft has the money,” he said.
It’s because he has made so much money on the stock market that people naturally listen to what he has to say.
But this is through his company, so he is not recklessly risking the money. He just thinks the price is so low that the potential rewards outweighs the risk when he believes the deal is more likely to go through than not.
Yeah, this is what I found about the “oracle of Ohama”
Billionaire Warren Buffett (who lives and works in Omaha, Nebraska) is known as the Oracle of Omaha, a nickname he earned as one of the world’s most successful and closely followed investors.
As a value investor, Buffett looks to purchase companies that are below their intrinsic worth but have the potential to make money. Buffett attempts to do this by buying companies that are out of favor with the market. He values a company by assessing its fundamentals, such as [return on equity]
If only you have money that are you prepared to risk, it wouldn’t be the worst investment to make, because the offer is on the table so you know exactly how much you will earn if the deal goes through.
Exactly, some investors are more bullish on the deal going through and some are more bearish, all recognize that there is some risk involved in the investment. “Wall Street” is not a monolith and investors on the whole are not “betting” one way or the other.