What unites everyone in this picture? Elon Musk hasn’t bought Twitter or Manchester United yet. And he promised!A photo: Scanpix, Dado Ruvic
As always, at the end of the week, together with Fuad Rasulov, a trader, trainer and investment expert, we discuss not just the most relevant events of the past week, but those events that have affected global stock markets.
It’s clearly not Beckham’s day: Elon Musk said he was buying Manchester United. And after a few hours … Yes, yes, like in that advertisement with Peter Schmeichel: “I was just joking! Yes, I was joking!” But it’s too late: stocks have already risen. Is this Elon Musk’s new entertainment (instead of football) – to disperse the shares of other companies?
And what was possible? Joe Biden signed the Inflation Reduction Act. That’s it, now the price increase will be no more than 2% – in strict accordance with the new legislation?
Sell everything! Shares of a private prison – buy! This is exactly what investor Michael Burry, who once made money in the mortgage market, did. Term behind bars – a new mortgage?
Buffett bought at the apple market. I mean, increased the position on Apple. Berkshire Hathaway bought shares in Apple, Chevron, Occidental Petroleum. What is the logic behind the legendary investor?
About this and more – in the latest issue of “Taste of the Exchange”.
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