Did anyone else listen to W. Buffet's 3hr interview?
Submitted by ch4d on Tue, 03/10/2009 - 07:25
I couldn't sleep the other night and I saw this coming on so I decided to hear his thoughts on the situation. For some reason I thought he would be more aware of how we got into this mess and how we can get out. It seems like nearly every opinion he had I was against.
I'm half asleep right now and hardly remember but it seemed as if he was saying we all need to "forget" about all the bad policies (good policies in his opinion I suppose) and just agree with our current administrations ideas. He just seemed wrong on so many issues.
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He is on the global
side. Unfortunately. So you were right and that is why I could not watch him.
You have to keep in mind
that Buffet is one of the largest private investors in the US equity markets, and, of course, has a fabulous (Wal Mart like) return for his efforts. But, the past doesn't guarantee the future, and so he's a little nervous. He's all too happy to trot out as a cheerleader for the markets to try and create the image of normalacy. He has a lot to benefit.
alan laney
Buffet Lost a Ton $
Buffet has had everything wrong and lost a ton of money (I think over 40% in past months). Now he has been blasting the Obama administration.
END the FED before it ENDS US
END the FED before it ENDS US
I remember reading...
that Berkshire Hathaway lost 62% last year.
"It ain't what ya don't know that hurts ya. What really puts a hurtin' on ya, is what ya knows for sure, that just ain't so."
"It ain't what ya don't know that hurts ya. What really puts a hurtin' on ya, is what ya knows for sure, that just ain't so."