Jackson Cash

Second-Guessing Buffett's November Bottom Call

It's important to assess Buffet's investment moves in context.

In terms of exposure, I seem to recall that his strategy still includes 2/3 cash!

To me, he is playing ultra conservative - and that of which he has increased his exposure is in "sweetheart deals" with companies he already has a vested interested in preserving. In other words rich playing other rich like vipers.

After all, 15% returns in preferred stock is better than our good friend Scrooge-Bernard!