u/EscapeWendys

Image 1 — $2.1M bet against Semiconductors Short - SOXS
Image 2 — $2.1M bet against Semiconductors Short - SOXS

$2.1M bet against Semiconductors Short - SOXS

Who will win, Nana or me? Intel has been getting pretty sky-high lately. Bought SOXS at average cost basis of $8.96/sh. Just got back from the Berkshire Hathaway conference, where Warren Buffett said too many people are gambling with options. So naturally I decided to buy shares. Buffett Indicator past ATHs, Shiller P/E at ATHs, reminiscent of dot com bubble euphoria. Bulls will say this time is different, but we'll see.

u/EscapeWendys — 6 days ago

I felt called out when I was in the audience during the Q&A and he shamed options traders. No exaggeration, during the conference saw multiple attendees check their Robinhood with options on your phones. (The market's not even open today) For those options on BRKB- Bought them last year on a selloff and sold for a nice profit.

u/EscapeWendys — 12 days ago