veryold

A Natural Gas Centric Strategic Long-Term Comprehensive Energy Policy

Why isn't it enough to say the LNG comes from our own country, while oil comes from elsewhere? This is not an isolationist argument. We all seem to agree that our dependence on foreign oil is unhealthy. WE have another alternative. USE IT!

Berkshire Hathaway: Proof That the CDS Market Is Irrational

Folksy is right. I have seen WB quoted so much, the adulation is palpable. Puts and CDS. Whatever is he thinking? I think his empire is in shambles. It will surely take some acumen for him to recover. The shares I hold in B are actually junk. I don't expect them to ever be worth much again. Seems like in his dotage he just got tired of just plain old investing wisely and so he decided to take a flyer and live on the edge and dangerously. I could have recommended sky diving or bunge jumping. Anything but these ill-advised forays into exotic strategies. Get hold of yourself, Warren!

Memo to Warren: AmEx Preferred at 15%, Warrants at $12

I have believe Buffett buys mostly stocks that pay dividends but he sure doesn't pay any.