Even Buffett, the “stock god,” who bought the dip by copying, got stuck and is down 9%!
In June this year, Google’s parent company Alphabet raised $80 billion through a private placement financing. Berkshire Hathaway subscribed a hefty $10 billion at once (Class A: $351.81, Class C: $348.20). At the time, everyone online was praising Buffett’s bullishness on AI—then once the earnings report came out, the Capex spending was too terrifying, triggering a sell-off immediately. The stock price fell to around $319, smashing right through the “stock god” discount-price support line, and he was suddenly in an unrealized loss of nearly 10%.
When US tech stocks get discounted, the crypto market also starts acting up. Many retail investors think that when US stocks drop, crypto will serve as a hedge—but based on on-chain fund flows, there hasn’t been any real inflow of large amounts of stablecoins. Instead, right before and after the US stock market open, liquidation volumes for contracts surged.
Retail traders who keep shouting “fear others, greed is mine” see this and are left dumbfounded.
Buffett has several hundred billion in cash and signed an AI compute power long-term agreement with Google. What they’re playing is an asset allocation strategy over five or ten-year cycles. But many retail investors rush to follow with high leverage, thinking they can get a share just by tagging along with the giants—only to find that the giants’ losses are mostly just paper losses, while retail traders get liquidated and go to zero.
In June this year, Google’s parent company Alphabet raised $80 billion through a private placement financing. Berkshire Hathaway subscribed a hefty $10 billion at once (Class A: $351.81, Class C: $348.20). At the time, everyone online was praising Buffett’s bullishness on AI—then once the earnings report came out, the Capex spending was too terrifying, triggering a sell-off immediately. The stock price fell to around $319, smashing right through the “stock god” discount-price support line, and he was suddenly in an unrealized loss of nearly 10%.
When US tech stocks get discounted, the crypto market also starts acting up. Many retail investors think that when US stocks drop, crypto will serve as a hedge—but based on on-chain fund flows, there hasn’t been any real inflow of large amounts of stablecoins. Instead, right before and after the US stock market open, liquidation volumes for contracts surged.
Retail traders who keep shouting “fear others, greed is mine” see this and are left dumbfounded.
Buffett has several hundred billion in cash and signed an AI compute power long-term agreement with Google. What they’re playing is an asset allocation strategy over five or ten-year cycles. But many retail investors rush to follow with high leverage, thinking they can get a share just by tagging along with the giants—only to find that the giants’ losses are mostly just paper losses, while retail traders get liquidated and go to zero.