Comments on Tick Talk's articles RSS Syndication from SeekingAlpha.com http://seekingalpha.com/author/tick-talk/articles http://seekingalpha.com/article/143432-will-emerging-currencies-undermine-the-dollar?source=feed#comment-549268 549268 And like most Americans, you seem to have the debt issue arse about > face. It is you that are likely to be the defaulting debtors. I think > the Chinese would stoically write the debt off, but don't expect > too many favors from them going forward. > > As for declaring War, you cannot even sort out Afganistan or Iran.]]> Tue, 16 Jun 2009 17:35:31 -0400
Regarding wars, right-minded or ill-conceived, and regardless of nations victorious or defeated, they are an integral part of the global economic landscape. It was mentioned because a financially unified EurAsia is the greatest threat to North Atlantic economies ever invented. It is only through a "divide and conquer" strategy that the influence of the North Atlantic nations has succeeded. So it follows history to mention that when finance is frustrated, war ensues.


On Jun 16 07:20 AM Dave Wrixon wrote:

> And like most Americans, you seem to have the debt issue arse about
> face. It is you that are likely to be the defaulting debtors. I think
> the Chinese would stoically write the debt off, but don't expect
> too many favors from them going forward.
>
> As for declaring War, you cannot even sort out Afganistan or Iran.]]> http://seekingalpha.com/article/143432-will-emerging-currencies-undermine-the-dollar?source=feed#comment-549220 549220 Keep in mind, though, that dropping the US dollar would amount in > a massive and immediate loss of wealth for those who hold US treasuries. > Given China's stake in treasuries, they are extremely unlikely to > sign on to any currency agreement that flushes out their own reserves.]]> Tue, 16 Jun 2009 16:57:25 -0400

On Jun 16 01:55 PM Drew Arnold wrote:

> Keep in mind, though, that dropping the US dollar would amount in
> a massive and immediate loss of wealth for those who hold US treasuries.
> Given China's stake in treasuries, they are extremely unlikely to
> sign on to any currency agreement that flushes out their own reserves.]]> http://seekingalpha.com/article/143432-will-emerging-currencies-undermine-the-dollar?source=feed#comment-548957 548957 Tue, 16 Jun 2009 13:55:43 -0400 http://seekingalpha.com/article/143432-will-emerging-currencies-undermine-the-dollar?source=feed#comment-548361 548361 Tue, 16 Jun 2009 07:21:45 -0400 http://seekingalpha.com/article/143432-will-emerging-currencies-undermine-the-dollar?source=feed#comment-548360 548360 Tue, 16 Jun 2009 07:20:08 -0400
As for declaring War, you cannot even sort out Afganistan or Iran.]]> http://seekingalpha.com/article/143432-will-emerging-currencies-undermine-the-dollar?source=feed#comment-548357 548357 Tue, 16 Jun 2009 07:15:47 -0400 http://seekingalpha.com/article/106746-two-recession-proof-stock-exchanges?source=feed#comment-310795 310795 Thu, 20 Nov 2008 10:37:34 -0500 http://seekingalpha.com/article/106746-two-recession-proof-stock-exchanges?source=feed#comment-309715 309715 Wed, 19 Nov 2008 08:59:39 -0500 http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-301124 301124 Sun, 09 Nov 2008 10:37:06 -0500
There's a much simpler theory to espouse- he's being honest as always (including 1999 when he warned of a bubble), and you're likely part of the republican base, disappointed that he supports Obama's policies with a national interest in mind.]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-294137 294137 Thu, 30 Oct 2008 09:11:01 -0400 http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-294136 294136 Thu, 30 Oct 2008 09:10:26 -0400
There's a reason why Buffett does so well. He doesn't move with the herd. The herd follows him.]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-292405 292405 Tue, 28 Oct 2008 10:41:47 -0400
Berkshire is a good investment for those of us who don't spend our days day trading.]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-292010 292010 Mon, 27 Oct 2008 21:08:50 -0400 then neither does 'the oracle' speak with unequivical sense, common
or otherwise.
All in all, it's good to see someone doing other than bowing
down to the imperious authority of success and, yes, excessive
wealth. The almighty dollar gets WAY to much by way of slavish
adulation, and that goes for the advice of the filthy wealthy as well.
FOUR stars, and a six pack to boot.....cheers to ya!!]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-291830 291830 Mon, 27 Oct 2008 16:45:46 -0400 http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-291764 291764 Mon, 27 Oct 2008 15:29:07 -0400 ..such an easy call.... ]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-291646 291646 Mon, 27 Oct 2008 13:08:48 -0400
So who would you rather take investment advice from, Buffett or some clueless Seeking Alpha blogger???? Thanks, thought so.]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-291615 291615 Mon, 27 Oct 2008 12:46:41 -0400
See the Motley fool article by Bill Mann "Is Buffett talking up his own Book"

You like others, are just trying to get attention. BTW - Who are you? probably not a billionaire!

Also take a look at the S&P 500 graph from 1950 to present - now is the time to buy for long-term investors. In 10 years the fear and the low stock prices will be gone.]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-291498 291498 Mon, 27 Oct 2008 11:10:29 -0400
He's gone on record about buying stocks like this only a few times in his life. If you had followed his advice, you would be rich. Filthy. Stinking. Rich. Retired. Hired help. Private jet. *That's* the record you should be looking at, not at what he did since 2001 or whatever. He doesn't try to make major bucks in those kinds of markets. It's *this* type of market, a once in a century event, where he loads up and becomes, well, the richest man on earth.

What an odd article and collection of comments. ]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-291489 291489 Mon, 27 Oct 2008 11:03:23 -0400
I want to say his personal account is approx $150 million based on what he said years ago, but the $500 million number might be correct. So to the authors point it isn't $100,000. But this still doesn't neccessarily move the needle for Buffett. You have to understand the degree to which he cares about loss. His tolerance for loss is probably lower than any investor regardless of how rich he is.

Maybe the market goes down 10 or 30% within the next few weeks...but who cares! Unless of course you are everyone else. Look if your doctor or lawyer really cares about making money in the next two months then they should try insurance fraud or the lawyer should raise his hourly rates.

What people forget is that Warren Buffett caters to long-term investors of which there probably arn't many. (most people who claim they are long-term are just pretenders,they'll buy a stock saying I dont care what happens and then it drops 20% and then they rethink what they just said)

Buffett is a pure value guy. If someone you trust ask syou to give him $8 bucks today and he'll give you $2 dollars for the next 15 years, you are telling me you wouldn't do it? This is the situation now, you can find stocks that are that cheap.

If you disagree with Buffett then you shouldn't have recommened stocks at all in the past 5 years because relative to now they were not cheap enough. (of course I speak with the benefit of hindsight)

What Buffett buys in his PA will be totally different than what he buys or what Louie Simpson buys at BRK. You can bet that Warren Bee will be purchasing lower mkt cap stocks that will the move the needle in his PA. A stock with a market cap of $5 billion doesn't do jack in the BERK ]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-291487 291487 Mon, 27 Oct 2008 11:02:44 -0400
2. Whether he was buying with his personal money or BRK is irrelevant, except that he said in the article that he was buying with his personal money. You got that fact wrong.

3. NO advice applies to everyone. Lambasting him for that is madness.

4. Calling him a "puppet" is nothing but a slur. But, even if he was, that does not change the validity of his arguments. Attack the argument, not the arguer.

5. Ignoring one of the most successful investors of all time is incredibly shortsided. Buffett may or may not have your investing style, so listen to somebody else, but the wealth of somebody does not impair their ability to give advice to YOU. Conversely, their well proven ability to make money should give you an indication to listen.

6. This is more to the posters - Buffett's record. Let's compare apples to apples. Buffett has gone on record about the market only a few times in his life. Back in the early 70s. At the top of the tech bubble. One or two others. And now. If you had listened to him, you would be enonormously wealthy right now. Retired. Rich.

Once again, his advice was that stocks were cheap, he doesn't know when this will end or if it is a bottom, but in the long term you will do very well if you buy now. If you are an investor with cash, you'll do well to buy. If you can't read between those lines and realize that you shouldn't be putting the baby's food money into the market, that your error, not Warrens. It's advice for investors trying to decide when to go back in the market, not advice to throw money you need in the next few years in the market.
]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-291203 291203 Mon, 27 Oct 2008 01:09:48 -0400 http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-291184 291184 Sun, 26 Oct 2008 23:55:45 -0400 http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-290977 290977 Sun, 26 Oct 2008 16:16:00 -0400
I'll venture that you're wrong about the problem being "Buffett isn't us" - it's the other way around. If people were like Buffett and had his patience and perspective, took smart risks, etc., their portfolios would be much better off.]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-290968 290968 Sun, 26 Oct 2008 16:05:07 -0400 http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-290967 290967 Sun, 26 Oct 2008 16:04:10 -0400 ]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-290919 290919 Sun, 26 Oct 2008 14:42:36 -0400
This is a poorly written article, and your use of grammar, and punctuation is simply atrocious. When you attended the University of Utah, did you ever take any basic English, or creative writing courses? I highly advise you to attend several classes before writing another article, and perhaps you can find a retired English teacher to be your tutor?]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-290896 290896 Sun, 26 Oct 2008 14:02:08 -0400
If my portfolio drops by 50%, the required 100% climb just to reach break even will make for a long wait. I'm already down about 20% and I'm fairly confident that I'll lose more if I keep buying stocks. For the last year I've listened to the pollyanna's proclaim that stocks are "on sale". In short order, the stock that was on sale was an additional 20-50% down. And still, we wait for other shoes to drop, which they almost certainly will. Warren can do what Warren wants. He has so much money, it just doesn't matter to him. As for me, keeping what I have is priority one. ]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-290863 290863 Sun, 26 Oct 2008 13:06:50 -0400
One of the previous posters said Buffet had a terrible track record since 2001. Well he called the Chinese market correctly (following Buffet in and out of PTR made me a tidy sum), he called the Euro correctly (not following him in and out was a missed opportunity for me), people claiming having cash in 3 month treasuries cost him 50% should be discounted immediately, and he nailed it on derivatives (which is the BIG one).

Here's what he said in a letter to BRK shareholders:

"...Large amounts of risk, particularly credit risk, have become concentrated in the hands of relatively few derivatives dealers, who in addition trade extensively with one another. The troubles of one could quickly infect the others. On top of that, these dealers are owed huge amounts by nondealer counterparties. Some of these counterparties, as I've mentioned, are linked in ways that could cause them to contemporaneously run into a problem because of a single event (such as the implosion of the telecom industry or the precipitous decline in the value of merchant power projects). Linkage, when it suddenly surfaces, can trigger serious systemic problems."

Mind you, he said this in 2003, not a couple of months ago. He received countless grief for this, and was even accused of being a hypocrite because he had used derivatives to his advantage previously. Well he's still fabulously wealthy and for many who were also wealthy at the time, but didn't heed his warning, they are no longer wealthy.

If Buffet says now is the time to start investing in certain US equities, you might want to pay attention. His record speaks for itself. He didn't amase in is lifetime an amount of wealth comparable to a "second tier economy" because he's misguided, a BS artist, or just plain lucky, so I'd suggest you leave the Buffet bashing to the less informed.


]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-290848 290848 Sun, 26 Oct 2008 12:42:26 -0400
Obviously better buy the general market now than at anytime over the last two years. Maybe it will be better to buy in another month-- what does seasonal time strategy say-- we are beyond 16 Oct-- so wait for the MACD cross.

I like your bravado for a thought provoking article.]]> http://seekingalpha.com/article/101922-5-reasons-to-ignore-buffett?source=feed#comment-290817 290817 Sun, 26 Oct 2008 11:54:14 -0400