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submitted 2 days ago by chobeat@lemmy.ml to c/technology@lemmy.world

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[–] brucethemoose@lemmy.world 10 points 1 day ago* (last edited 1 day ago)

I’m hedging, mostly with Berkshire Hathaway stock, some agriculture, and a few others that historically perform well in recessions.

I would not touch S&P 500 with a ten foot pole. It’s all wrapped up in Big Tech.

I don’t like shorts; you can’t predict when the drop will hit, so you’re just burning cash betting against growth until then.

I don’t like commodities either. As Buffet said, a big block of gold doesn’t do anything; a factory or farm does.