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Is Buffett Really Losing His Touch?

Nothing would last for ever, even the universe. Look what he eats, some worst kinds of Quick foods. He is what he eats. When he bought Goodman with $115.00, I followed, but I got out when it dropped to $95.00. He held the bag till now with 50% loss. He timed in, but did not know to time out. He is old, no new tricks? I could advise Obama better than him?

5 Reasons to Ignore Buffett

1. He called a few bottoms in the past.
2. However, he said there was nothing worthy to buy at last bottom in 2002. His preformance has not been good since.
3. He is trying the new trick again, timing.
4. PE is now at 10, it was 7 in 1984 when we had only one inflation problem, now we have inflation, housing, banking, debt problems.
5. Our per captial inocme is ten times higher than China, but what we can do and Chinese can not do? If not much, the difference will be erased soon by global trade - as Paul Krugman said.