Warren Buffett could still be pandemic winner, portfolio manager says - Business Insider

However, Hardt pointed out that Buffett's answers during public appearances this year have been as thoughtful as ever, adding that he moved quickly to"He is clearly sharp and has the wisdom of decades of investing experience," the Pelican Bay chief said.

However, Hardt would like to see Buffett play to his strengths by striking more deals and adding new stocks to his portfolio. "There are several businesses out there that are struggling with liquidity, that will survive and thrive when COVID subsides," he said. "Berkshire's fortress balance sheet could easily get these companies to the other side."to buy most of Dominion Energy's natural-gas business. While it "wasn't a steal," he expects Buffett to make a decent return and wants to see more of those types of asset purchases.

The portfolio manager also called for Buffett to cash out part of Berkshire's biggest holding, which has soared in value to north of $90 billion, and accounts for"I would like to see him trim his Apple position," Hardt said. "The company faces several headwinds and the valuation is getting ahead of itself."Disclosure: TD Ameritrade is a partner of Insider, Inc.'s business development team, which is separate from its editorial department.

Buffet the eugenicist.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the downfall of Civilized, the cannabis media startup - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Elon Musk net worth passes Warren Buffett after Tesla hits record high - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Wow Half of America is officially poorer. I wonder how many people Warren will lay-off in order to get back on top
Source: BusinessInsider - 🏆 729. / 51 Read more »

Uber CEO: ride-hailing will make up only 50% of business post-pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tie-dye apparel is making a massive comeback during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Cuck wear
Source: BusinessInsider - 🏆 729. / 51 Read more »

Peacock marketing pivot amid pandemic and postponed Olympics, ad spend - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »