Reinko

Buffett Enters the Fray

Barry from the bigpicture blog has a perfect article explaining it is even far more then 10% a year.

Here is the link:
bigpicture.typepad.com...

Buffet sure knows his way around. I don't think this is a vote for confidence but a nice grab of dollars.
Read the article from Barry and if you after that would like a bit of the newly offered 2.5 billion common stock, don't complain about future haircuts...

Buffett's Strange Bet

There are many ways to beat broad market indices, here in Holland even pension funds who by law are only allowed to invest in indices can do it.

It is very simple:
In the morning they borrow their stocks to hedge funds and late in the evening they get them back. Of course the hedge funds have to pay a fee for having these stocks for one day.

And at the end of the year the pension fund manager has 'beaten' the index and the pension fund clients are impressed year in year out...
But nothing this pension fund manager has done can't be done by some computer program.