Ken D

Is Buffett Really Losing His Touch?

People said the same thing when he didn't come to the Tech Bubble in 1999. People said the same thing when he didn't let General Re participate in the CDS craze. People said the same thing when he didn't let his homebuilding division participate in subprime loans. People are short-sighted when they review Warren Buffet in the short term. Just watch how this turns out to prove he is thinking as well as ever.