muguwmper12

Breaking the Back of Buffett

Yep, me too. Just for starters...check out a chart of BRK annualized returns in the years following the FEW down years the stock has had. If you don't want to bother looking it up -- let me just say that it has outpaced the market by a huge amount.

Berkshire Hathaway Class B Shares Attractive Here

You can stop kissing Buffet's ass when you can squeeze better deals out of Goldman and GE than he can. Never.

You may think you can out pick him, but you simply can't out deal him. You just can't.

You don't have the money nor the connections. Goldman is not going to call you on the phone and ask you for a large investment on beneficial terms to you. They won't.

Attractive Outlook for MLPs Following September Lows

I love the author's note at the end. Well done. KMP and EEP are the two MLPs that I own. What is everyone's thoughts on WES?

Talk Me Down From the Wells Fargo Ledge

Lehman Bros made it through the Civil War and the Depression. That alone is not a qualification.

Talk Me Down From the Wells Fargo Ledge

Moody's and S&P are a lagging indicator. I'm long WFC, but don't make a decision based upon Moody's and S&P rating. They get it right only AFTER the event. Enron is a great example: query.nytimes.com/gst/...

Talk Me Down From the Wells Fargo Ledge

When did BRK ever provide deposit insurance?
When did they discontinue?
Did they discontinue for WFC or for ALL banks?

Talk Me Down From the Wells Fargo Ledge

And...I do a bit of real estate. I know that WFC's lending guidelines over the past 5 years have been stricter than other banks. I have six loans through Countrywide, and five through Washington Mutual. None through WFC even though I do all of my depository banking with them. They simply wouldn't offer me the right terms for me as a borrower. They lost market share because of it. Now they're getting that market share back, and in spades.

Talk Me Down From the Wells Fargo Ledge

I'll tell you what my thinking is. Yes, I'm a terrible simpleton. Warren Buffet has 9% of WFC. Of all the banks out there...this is the one that can pick up a phone and get money if and when it needs it. Oh...I know...far to simple. I gotta admit...I ain't got no MBA.

There Are Still Good Investments Out There

If you can't beat him at buying larger companies, work small caps where smaller purchases are more meaningful.

If you still can't beat him, but Berkshire.

99 Cent Only Stores Raises Prices; Analysts Project Strong Earnings Growth

The title of this article made me laugh. "$99 Only Stores Raises Prices." Should have added "Now $1.07 Only Stores".

Very well written...kudos.

The Family Foresight Thought Experiment

How about gold, iron, silver, nickle, copper, platinum, aluminum, diamonds, rubbies, baseball cards, spatulas, bricks, land anywhere in the in the industrialized world ... come on now.

It's easy to find examples of investments that would have failed...but the list that would have succeeded is basically endless.

2 Good Stocks I'm Considering Buying on This Plunge

Okay, so let me see -- you're making a bet with a 3-5% limited upside and unlimited potential downside if the deals fall through. Sounds like smart money to me!

Now, if you wrote this article 6 months ago...

POSITION: Long BUD for past 10 years...sold out at 1/2 at $60 and 1/2 at $66 on purchase offer. No position in UST. Long MO (and PM) for past 5 years.

2 Good Stocks I'm Considering Buying on This Plunge

Okay, so let me see -- you're making a bet with a 3-5% limited upside and unlimited potential downside if the deals fall through. Sounds like smart money to me!

Now, if you wrote this article 6 months ago...

POSITION: Long BUD for past 10 years...sold out at 1/2 at $60 and 1/2 at $66 on purchase offer. No position in UST. Long MO (and PM) for past 5 years.

What Did Buffett Buy: American Express or Wells Fargo?

235322: Where and when did he say it was AXP. Answer is, he did not. But I'd like to hear where you think you heard it.

E-Trade Financial Carries High Risk-Reward

I think it's undervalued. I'm basing that on the assets/liabilities. But to say that the management has screwed up so bad they can't possibly screw up anymore and, therefore, it's time to buy. Well, that's just about the dumbest thing I've ever heard. Seriously...