11 Take-Aways from Buffett's Annual Letter [View article]
He seems to have produced his exceptional results in this decade by mostly avoiding the dot com bust, other than that feat he seems to have more or less tracked the index in the 2000s. And now he is a little late to the realization that things are really bad. And his line about geeks bearing formulas, that is really getting tired.
Buffett's Import Certificates Plan Could Pilot the Economy to a Safe Landing [View article]
This reminds me of a recent story where some brilliant scientists eradicated feral cats on some island to protect endanged birds and it ended up causing the rabbit population to explode and eat all the birds food supply, thus wiping them out.
Berkshire Hathaway Credit Risk, Index Puts Are Overblown Worries [View article]
Maybe the plummeting stock market isn't such a sign of dysfunction amid normal economic conditions. Maybe it's actually a rational reaction to a dysfunctional economy that has suffered the shocks of multiple bubbles popping at once while the US consumer is finally waking up to the fact that he's nearly bankrupt..
Berkshire Hathaway Credit Risk, Index Puts Are Overblown Worries [View article]
I guess I'm dumb cause I don't see how shorting makes a stock go down. I guess short sellers can do some unscrupulous things to shake confidence in a stock but the act of shorting doesn't force people to sell at a lower price than they would otherwise accept.
11 Take-Aways from Buffett's Annual Letter [View article]
Buffett, Grantham and China: What the Savers Are Buying [View article]
Buffett's Import Certificates Plan Could Pilot the Economy to a Safe Landing [View article]
Berkshire Hathaway Credit Risk, Index Puts Are Overblown Worries [View article]
Berkshire Hathaway Credit Risk, Index Puts Are Overblown Worries [View article]
Berkshire Hathaway Credit Risk, Index Puts Are Overblown Worries [View article]
Berkshire Hathaway Credit Risk, Index Puts Are Overblown Worries [View article]
On Nov 20 05:39 PM Terry Huebert wrote:
> I'm nowhere near down 70% yet and I'm just a bum from Moose Jaw Saskatchewan,
> with a BSc and a teaching diploma.