Why Yahoo Finance Is Wrong About Buffett [View article]
Of course Buffett has lost his touch! As he did in the 60ties and in 1999/2000...
I really don't get why everyone always wants to second-guess Buffett.. of course he makes mistakes, but he is never ever gonna "lose his touch". With his margin of safety, his "mistakes" usually about break even over the long term.
But you are right that he always gets great terms on his deals. That's why Buffett fans should invest directly in BRK.A / BRK.B instead of trying to mimic the great investor.
Making profits based on brains and hard work is the essence of capitalism, isn't it? GS' competitors seemed to lack either.
The possibility of insufficient chinese walls is a different matter of course, but which bank does really have good ones? Just remember Dillon Read's traders, who suddenly lost their magic touch once outside UBS' trading floor.
Why Yahoo Finance Is Wrong About Buffett [View article]
I really don't get why everyone always wants to second-guess Buffett.. of course he makes mistakes, but he is never ever gonna "lose his touch". With his margin of safety, his "mistakes" usually about break even over the long term.
Warren Worship [View article]
seekingalpha.com/artic...
But you are right that he always gets great terms on his deals. That's why Buffett fans should invest directly in BRK.A / BRK.B instead of trying to mimic the great investor.
Goldman Sachs, Merchant of Gloom? [View article]
The possibility of insufficient chinese walls is a different matter of course, but which bank does really have good ones? Just remember Dillon Read's traders, who suddenly lost their magic touch once outside UBS' trading floor.