dtrader

Wall Street Breakfast: Must-Know News

axel...just a quick comment, Warren Buffet just made a deal where he has as one part the option to buy $5 billion of common shares of Goldman Sachs at $115. I guess he's been taking classes...

Honestly I know he made that comment but the context was probably in reference to the CDO's etc.

As long as ur long options the only risk u run is the premium u paid. That gives them less risk or at least a known fixed maximum risk before u enter a position.

Naked short options pose a high risk where u can loss more than u have in ur account.

People who want to short options can use credit spreads to protect their positions and risk.

Friday Outlook: Commodities, Emerging Markets

Grow up David...

BTW the the gas/oil crisis was in '73 and '74

Friday Outlook: Commodities, Emerging Markets

David, a poor choice of individuals to quote from and claim he was prophetic. In '74 the country was in the crux of a gas/oil crisis with the Middle East and it wasn't particularly prophetic or enlightening all you had to do was ask any Joe Q citizen in the street and he would have told u as much also. These problems were well known way before those times too it just becomes headline news when matters become extreme like currently and then.

Anyway, I agree with u just not the quote or the use of it.

I just hope in the future i don't read articles with u quoting Bushisms and saying how prophetic he was....

Regards...