ilmscore | Prediction Details
"he does expect Hard Times ahead not necessarily a repeat of 2008 but he says that when the bills come due very few companies can capitalize on the situation because most of them are either over leveraged and they borrowed too much money or they spent most of their cash on share BuyBacks"
By Andrei Jikh | May 8, 2023 | Pending
From video
Warren Buffett’s Advice For The 2023 Recession 00:11:08 - 00:11:26
Interpreted Prediction
Warren Buffett anticipates challenging economic times, not necessarily a 2008 repeat, where companies that are overleveraged or have spent heavily on buybacks will struggle when debts become due.

Prediction Details

Topic
Economic Downturns

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