| |
  
|
||||||||||
|
|
|
|||||||||
The Daily Paul is a community website with no official affiliation with Ron Paul or his Presidential Committee. The content of posts and comments on the Daily Paul represent the opinions of the original poster, and are not endorsed, approved, or otherwise representative of the opinions of the Daily Paul, its owner, site moderators or Ron Paul. This site may contain adult language and adult concepts. If you are offended by such content, or feel you may be offended by such content, point your browser to a different site IMMEDIATELY. For more, read the Full Disclaimer
© 2007 - 2011 by The Daily Paul. Not paid for by, nor officially affiliated in any way with Ron Paul. | General Site Disclaimer | DMCA Disclaimer | Advertise here
that's not the way i heard it...
the way i heard the story was that the initial public offering (ipo) of goldmansucks brought in over 5 billion...
nobody in the msm wire report that i read mentioned buffet at all..they led you to believe public morale was high and everything would be ok...imagine that!
also, i bet the "deal" stipulated that there would be no time limit and no penalty for selling any of that gs stock...you know, you and i are penalized for selling any of our 401k stock we've owned for less than 90 days...soooo, he can buy gs stock, no matter the "public" price for 115 dollars a share for the next 5 years and then turn around and sell it that day, (for example, today's public price is 125 bucks a share)...hmmm, so he could sell any of his shares today for about a 6 percent profit...what is 6 percent of 5 billion?
am i wrong or is this guy in like flint
O Captain, My Captain, rise up and hear the bells!
its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!
He also made out....
....very well with his Put Options on 9/11
----------------------------------------------------
Ron Paul 2012 - Not just for America, for the World!
sucker bet
If the bailout passes he knows it will be one of the last companies to collapse. If the bailout doesn't pass, it won't matter anyway.
--------------------------------
"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
----------------------------
Time to buy some Berkshire Hathaway stock!
’In accordance with the principles of double-think it does not matter if the war is not real. For when it is, victory is not possible. The war is not meant to be won, but it is meant to be continuous.’ (George Orwell, 1984)
’In accordance with the principles of double-think it does not matter if the war is not real. For when it is, victory is not possible. The war is not meant to be won, but it is meant to be continuous.’ (George Orwell, 1984)
You probably can't afford it...
People who can afford Berkshire Hathaway's Class "A" shares almost certainly already own a few ...or possibly a bunch. (And very few people can afford BRK.A stock at $133,000 a share).
And their "B" stock isn't exactly a penny stock either (but at around $4,000 it's at least within the realm for a bigger number of people).
No, he made a deal to purchase 5 bill. at $115 for 5 years
So in other words, he can buy it at $115 even if the price is back up to $250, after being bailed out by us of course.
http://afp.google.com/article/ALeqM5jikYk8hR1J-d6IFao_RPo29A...
Buffet, through his holding company, will have the option of buying five billion dollars of common stock priced at 115 dollars a share "at any time for a five-year term," the company said.
The ultimate
Inside Trader..
"Obamney care," Nuff said.
The more reason...
we have to fight hard against the bailout. Here's one man who's like a shark. The smell of blood makes it crazy for a feeding frenzy.
"He who exercises government by means of his virtue may be compared to the north polar star, which keeps its place and all the stars turn towards it." Confucius
"He who exercises government by means of his virtue may be compared to the north polar star, which keeps its place and all the stars turn towards it." Confucius
He should watch
Escape from NY. The Pres had a hard time getting out.
"Obamney care," Nuff said.
You may have criticisms of
You may have criticisms of Buffet but this is a good thing. Buffet buying that instead of the government is a step in the right direction...
Did you not get the memo ....
The financials have been shorting themselves since Monday to keep the stock price down.
It makes them more attractive to investors and it is proving to be a good fundraising tool.
They have almost total control of their own stock price since there is a short ban in place. The short ban does not prevent a company from shorting itself.
Buffet rarely misses a sure thing.
WAHOR!!
http://www.dailypaul.com/node/48994
WAHOR!!
http://www.dailypaul.com/node/48994
Buffet bases his trades on
Buffet bases his trades on the Graham base principles. He is not a liquidator as some might assume. I have recently read a book on buffet, entitled "Buffet".
This man is smart and not stupid. He buys companies based on intrinsic value. Wether you like him or not, he knows his shit.
Buffet is not the saint that you think.
His *major* money all came from playing with insurance company "floats" and benefitting heavily from the fiat money system.
Most of the bios on him are just fawning whitewash designed to sell people on the Grahamesque "secrets" of his investing.
I understand how he traded.
I understand how he traded. I know the processes he used to trade. I am not arguing for them or against them. I am just saying the man is very wise and understands the business system and cycle.
If I wanted anyone to give me pointers at how to run a business it would be him. He is a business man, and a business man only. Wether its bad or good, the guy is smart.
I think there's a difference
I think there's a difference between wise and shrewd!
QFT +1000
Shrewd, sly, cunning, conniving, etc.
These are all the *proper* terms to use regarding the actions of someone who understands and accepts a manipulative system, and then uses that knowledge (along with some additional manipulation of his own) to step in to maximize his own profits at the loss of everyone else.
There is nothing "wise" in that -- it is short term thinking, the "I've got mine, so F.U." -- whereas "wisdom" by definition is long term thinking and applying self-interest to the benefit of all.
He knows they will get bailed out? He didn't rich w/out
connections.
"Lead, follow, or get out of the way."
-- Thomas Paine
A Republic, If You Can Keep It
lusting over litton
check this company out -- Litton Loans
http://tinyurl.com/4ota33
note the timing of the purchase.
coincidental???
note how wily warren just got out of loan insurance biz couple weeks ago...
b/c now the name is game is no longer insurance
(cuz we got the taxpayer to cover that one)
now it's loan servicing....
as 'dutiful deputized representatives of the american people'
ha!
wily he is no doubt
In anything OTHER than this crisis... that would be considered
an "Insider Trading" deal and would be punishable by law (remember Martha Stewart? She's a piker compared to the JPMorgan/BearStearns thing... or this one.)
So Buffet gets to buy a newly minted GS "perpetual preferred stock" at a less-than-market price ($115 per share when last ticker of common stock was $125), and in yet another special after-market-hours deal.
http://www.guardian.co.uk/business/feedarticle/7821277
Everyone will applaud this little deal, even though Buffet has instantly realized about a 20% gain (which equals about a full BILLION on his $5B investment) -- as the stock price has already risen to $137 in after hours trading.
Will the SEC investigate this deal? Nah, instead the market will applaud and label Buffet a "hero" rather than a criminal... (because laws are made for "other" people).
Buffett's one of them...
http://www.nogw.com/articles/rothchildmeeting.html
Oligarchs planning for New Dark Age
[ Source: CEC's Australian Alert Service Oct.03 2002 ]
According to the Sept.26 LondonTimes, in private retreats, top oligarchs are discussing a "hair raising" and "grim" future of non-stop wars in the Middle East, and global economic collapse -- or, How the Old Dark Age meets the New Dark Age.
He said that while everyone was drinking the best wines in the world, they were confronted with "three interconnected traumas" by those speaking: The Middle East, The collapse of shares, and the prospect of a global economic depression.
I agree
http://www.votenader.org/blog/2008/09/10/statement-to-ron-pa...
http://www.flickr.com/photos/57925480@N00/2660779139/sizes/l/
Website:
http://www.libertypoet.com/
Twitter:
http://twitter.com/LibertyPoet
"How can we justify to the unemployed and underemployed in the United States the incredible cost of maintaining a global empire?" - Dr. Ron Paul
Oh, this definitely needs put on digg....
....any computer-savvy readers here right now who are willing to do so??
Berwick, Columbia County, Pennsylvania
Ron Paul 2012 - The People's Choice
rEVOLution SuperPAC: http://www.revolutionpac.com/
WTP Federal Lawsuit to BAN ALL ELECTRONIC VOTING
http://www.wethepeoplefoundation.org/UPDATE/Update2011-07-26...
That's a lot of shares
He probably has a personal interest that Goldman Sachs does well. Suspicious...
----------
"We will never give up. We will never give in." - Dr. Ron Paul
----------
"We will never give up. We will never give in." - Dr. Ron Paul
follow the leaders
THink about it. ALL the bigs want LIQUIDITY.. WHAT should you do ??? STAY LIQUID...Finance 101.
says
Um
Must be gold(man) in dem dar sacks
Bob Barr 4 Prez.. 2008
Libertarian Party
Chuck Baldwin 4 Prez.. 2008
Constitutional Party
There is life at the end of the tunnel my friends!
***********Ron Paul for POTUS 2012***********
*************Obama Is A Communist!************
**********Repeal the 17th Amendment**********
Double the size of the House of Representatives
$$$$$$$$$AUDIT THE FEDERAL RESERVE$$$$$$$$$$
Of course, if the government
Of course, if the government is going to buy all the bad paper, he will be sitting on a gold mine. THis is why we must stop the bail out. THese people are theives.
grant
GS prime beneficiary of the bailout no doubt
*
Didn't Paulson work at GS for 15 years?
"Lead, follow, or get out of the way."
-- Thomas Paine
A Republic, If You Can Keep It
um, i believe he used to head goldman
http://www.huffingtonpost.com/2008/09/22/paulsons-conflicts-...
but remember folks, if we don't approve the bailout the terrorists win.