icandoitdon

Buffett's Betrayal

the two faces of warren buffett. thanks for a good job exposing them.

Is There a Margin of Safety in Financials?

is that the john thain who said his firm didn't need more capital and wouldn't need to sell distressed assets at 20 cents on the dollar? yeah, it sounds like he's got his arms around everything.

when a stock price has collapsed 70-odd percent, proclaiming the downside to be limited is more a hope than a forecast. i wouldn't bet the farm on that one.