Jeff Miller

Top 5 Quotes from Berkshire's Annual Meeting

WB did not say that we are headed into stagflation. The CNBC transcript cites him as follows: "Inflation has the "potential" to be worse than the 1970s." www.cnbc.com/id/29592831

The author of the piece in your link mentioned that the 70's was a time of stagflation. The term "stagflation" is not mentioned in the transcript.

WB remains positive on economic prospects, as this helpful summary indicates.


On May 03 07:01 AM chleoku wrote:

> Any further words on Buffett's view on the Stagflation that we are
> heading to?
>
> www.wealthalchemist.co.../
>
>
> Does he think that is still going to happen?
>

ETF Update: Absolutely Nothing to Love

Paultaut -- DYY and DAG do not fit the criteria for our trading universe. The system was developed using equity sectors in a number of different time frames and market conditions.

DYY and DAG, are leveraged and commodity-based. We are careful about applying the system in completely uncharted territory. Perhaps when we can do some research on ETN's and commodities, making modifications if necessary. We also believe that there is plenty of volatility and trading opportunity without adding leverage.

Thanks for asking this question and helping me to clarify how we make choices. I wish I could provide more information. Meanwhile, I am open to suggestions to extend our list or replace existing choices. We also provide a custom rating service for some investors who have their own lists.

Thanks again,
Jeff