debtacid

Buffett's Big Rail Buy: What It Means for Berkshire Shareholders

I think Buffet is just desperate to convert worthless dollars in to a tangible asset.

Buffett and the Limits to 'Awaiting Better Times'

Sorry, but history is not on Buffet’s side and I can’t afford to make ANY long term investing mistakes. Every single intervention by the Feds has failed and the establishment still refuses to face the real issues. I intend to wait until well after the election to make any long term decisions.

Does Warren Buffett Think Goldman Is More Creditworthy Than GE?

ok, ok, probably not fair to lump Buffett in with rest of Wall Street but I just wanted to make a point. I admit that without Buffet, GE would have been a lot worse off. Secretly, I admire Buffett like everyone else...

Does Warren Buffett Think Goldman Is More Creditworthy Than GE?

Looks like Crony Capitalism is alive and well. With the stroke of pen, the common stock is diluted, and it’s value is transferred from the small investor to the politically connected Fat Cat.

Buffett's Big Bet: The Real Value of the Berkshire Investment in Goldman Sachs

I think the GS deal represents everything that has gone wrong with the "free" market. The politically connected big fish gets the sweetheart deals and Fed guarantees while everyone else gets gypped. What little "value" that was left in the common stock was just transferred to BRK.

Buffett's Big Bet: The Real Value of the Berkshire Investment in Goldman Sachs

The GS deal was just good politics. The Fed was willing to do anything to hitch the GS falling star to Buffet's rising star. Beyond the public deal, I'm sure Buffet got all kinds of secret guarantees from the Fed.