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Moneybags Buffett on ditching Oracle stake: I don't think I understand where the cloud is going

paulf Silver badge

Perhaps, but buying them in the first place (especially IBM, considering stories passim, in El Reg and others) was one of his significantly less better calls. The research power of us lowly commentards doesn't even come close to the Sage of Omaha(tm) but even we can see IBM for the fantasy shit show it clearly is.

As said further up, respect that he admitted his mistake in thinking he understood something when he didn't; but considering his excellent calls in the past it's surprising he thought he understood it in the first place.

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