venividivici

Buffett's Gamble: $40 Billion Bet on Volatility

I agree with you stoneweapon. I have a lot of time for Buffet but I really thihk all of the attention and adulation he's been getting may finally be going to his head.

What If Warren Buffett Is Wrong About the Markets?

I'll tell you who you sound like, gabe borenstein, George W. Bush, probably the worst president in the history of America. That's exactly what he thinks.

Buffett and the Limits to 'Awaiting Better Times'

I'd be more impressed if Buffet has told everyone to take profits when the market was around 14,000. He now admits that it was clearly overpriced then, a bit late.
Now I did very well in the market by taking big risks. In August last year I thought hell I don't need to push the envelope any more, I'll invest a bit in some safe shares that I can just forget about. Two week later the subprime disaster surfaced and my shares which had nothing to do with subprime rocketed down $50,000. I could see this coming and I thought I'm out of here. Now I looked at the value of those shares today and if I'd stayed the course I'd be $325,000 down on the deal. If you want to be a successful trader, you have to take profits when times are good because the good times never last. And you have to know when to fold up your tent and head for the hills. And you can't necessarily trust what a genius ( no sarcasm intended ) like Buffet says. He is simply talking up his book because no one in the world has more to gain by share prices rising than Buffet does.

With Great Values Now In the Markets, the Glass Is Half Full

Bill my advice to you is stop talking about it and get in there and start drinking your home brew. Gee I hope it is not poisonous mate because I can not see the slightest reason to be positive mate and I have this sneaky suspiscion that neither do you.

The Bottom's Within Sight - Barron's

"likely to bottom in the next few months" Wow that really is telling us something! At the current rate of decline that might be zero.

What Does Warren Buffett See in General Electric?

Yes there was a very good article about GE on Fortune and the way they manufacture their quarterly results. Just whose books can you trust?

Buffett Buys GE, Goldman: Should You Follow?

Really you don't care about the financial arm of the company which has concentrated on lending money to the most desperate, mmmm a bit like subprime in housing. And how about the $100 billion in short term debt the company has to refinance in this treacherous market. You guys are obviously thrill seekers who like to live life dangerously.

Buffett Buys GE, Goldman: Should You Follow?

My understanding Of GE is that its financial business has become the most important of all of its businesses for its bottom line, hence its current problems. Now Buffet himself has said that the current credit crisis is the worst since the Great Depression. If you think things are getting better, well I have to report at this time, Royal Bank of Scotland shares are down 42% in London as a result of rumours that the three biggest banks have sought massive cash infusions from the Treasury.In other words the financial world is in a state of chaos and things are only getting worse. Now Mr Buffet is apparently worth $60 billion and I know he is a not a big spender so I also know if he was to lose all of these investments, which he's got at incredibly generous terms, it will not mean a toss to him. Anyone who is not treading very causiously in this minefield of a market deserves no sympathy.

What's the Smartest Money Doing? Buffett's Buying Goldman Sachs

It's a fantastic deal for Buffet and it shows just how desperate Goldman is for cash. But I agree with you Kath H. This is all about all hands to the bilge pumps on the SS Titanic. I recall Soros put $250 million into Lehman shares. Gee I wonder if he got any of that great investment out.

I Guess This Means AIG Stock Will Rise 10% Tomorrow

Oh Felix, this market just gets crazier and crazier, if that's possible. But what does it matter? The players in this nuthouse know that Uncle Ben is there to backtop all of this stupidity.