Comments by "Maxwell Benz" (@Tential1) on "BNN Bloomberg" channel.

  1. Too small of a name... Hence why he did Occidental and chevron instead. Warren has said numerous times that if he was a small investor, the names he would pick would be much different than the names he would pick when you're managing billions of dollars. This is why up and coming fund managers can still become big, because opportunities are sized based on your fun side so large funds can't dip into small names. If I'm the vision fund managing 100 billion dollars, I can't manage hundreds of these small tiny Investments, as a public example that I'm not going to get in trouble for. You have to know the people in the bracket that you're playing in. That's why people specialize in Angel Investments versus midcap versus large cap for small cap Etc. ( and these definitions of what small cap change depending on who you're talking to). There are people that I talk to where a million dollars or 10 million differences don't mean anything and then there are funds where they are only investing hundreds of thousands of dollars into certain things.
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  2. Exactly, and he made the decision back when energy was cheap. I bet he wished he had drilled now lol....
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  3. Become a builder then.... Builders are building as much as they can... When you don't add more builders, but you exponentially grow population, that's the issue. People don't want to go into construction, it's hard to get permits, regulations, etc. High prices is supposed to be a signal to enter the market and add more supply. No one does so.... So the builders deserve the profits of an industry no one wants to enter and do.
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  4. Rofl, accepted 1% wage gains.... Lol. I'm dead.....
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  5. Also, again this is hard to talk about without getting into private information, people are investing in the names that he's talking about but again Warren has too large of a fund/pile of money for these names. It's what makes this "game" fair. Below 10 billion dollars I don't have to worry about someone like Warren Buffett coming in and ruining my game. There are certain major players at every market cap size. Lots of people are in the names Eric is talking about, you just don't know them. And you would never be able to know them without being an industry Insider. So, Warren didn't invest because he can't, and the others you mention, you don't have industry access to even know who they are.
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  6. 1:00 lol what? If you're planning to sell your home, that's not paper losses.... You have to true that up with the bank dude.... She knows that right?
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