I think senility has set in, every stock he has bought lately has gone down I/e BNI, WFC, USB, BAC, etc, etc.
On Feb 15 10:48 AM Marcap wrote:
> Yes, Warren Buffet did make Billions of dollars from the stock market. > But where do you think those Billions of dollars came from? Well > let me tell you. Much of it came from the naive who lost their money > to him. Remember, the entire stock market is little more than a gambling > casino, except that unlike a gambling casino with a bank to fund > wins and losses, in order for one person to win in the stock market > (short of course being paid a divident by the company), another person > must lose. It really is that simple. And until people come to realize > and accept that fact, there will always be winners and losers (many > more losers than winners), and financial messes such as the one we > are now in. > > On Feb 15 10:32 AM Paul Price wrote:
McDonald's: Reasonably Priced, But How Much Upside? [View article]
MCD are inching up their prices to compensate. Every Friday I drop my wife off at her hair dresser. I then scurry on over to McDonalds for a sausage biscuit and hash browns. The total three weeks ago was $3.12. Last Friday those no good ##@**%% lousy raskels charged me $3.33.
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On Feb 15 10:48 AM Marcap wrote:
> Yes, Warren Buffet did make Billions of dollars from the stock market.
> But where do you think those Billions of dollars came from? Well
> let me tell you. Much of it came from the naive who lost their money
> to him. Remember, the entire stock market is little more than a gambling
> casino, except that unlike a gambling casino with a bank to fund
> wins and losses, in order for one person to win in the stock market
> (short of course being paid a divident by the company), another person
> must lose. It really is that simple. And until people come to realize
> and accept that fact, there will always be winners and losers (many
> more losers than winners), and financial messes such as the one we
> are now in.
>
> On Feb 15 10:32 AM Paul Price wrote:
The Bull Run Begins This Week [View article]
McDonald's: Reasonably Priced, But How Much Upside? [View article]
Global Financial Performance [View article]
reverse split you will see what few shares you own selling for somewhere around $60.
These Three Deep Sea Drillers Look Like a Bargain [View article]
Inflation's Power: The Dollar in 25 Years [View article]