Buffet goes "all in" on BAC and states it is the best stock in the market...

Quote from GATT:

It wouldn't surprise me, if those 5 billions are FED money tagged with Buffet's name.

+1

at what point paper will not be trusted any more ? Looks like elite is not united everyone tries to grab AMAP until opportunity exist.

more/larger wars seem to be only option left looking forward to keep this going. And going has to keep or else :eek:
 
Quote from Random.Capital:

Isn't this redux of the Goldman deal?

Is he signaling another '08 meltdown?

I recall when he bought into Goldman, the stock blipped higher and then fell apart in the days to come.

Similarly with Wells Fargo, he bought, stock went up for a bit and then fell 50% (!).

Moral is that do not rely on Buffett for timing, he is lousy at it.
 
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