Quote from 1flyfisher:
http://www.bloomberg.com/apps/news?pid=20601087&sid=awnLgcYqBrnU&refer=home
He tells americans to buy back in oct now he's getting out as fast as he can. He doesn't mind american suckers being the bag holders. Ha ha.
He's even been dumping staples like J&J and Procter gamble.
Look out below!
Quote from makloda:
I wonder what Buffet will say should WFC and USB common get wiped out. Will he still have so many warm feelings for US regulators?
Quote from Ivanovich:
I read the article. It talks about how he's getting out of J&J and Procter, but it doesn't really elaborate on him "getting out" much. That is YOUR interpretation and quite slanted, if I may say so myself. It even mentions a few companies he's staying in or increasing his stake in.
And even if he is, it's not because he thinks equities are doomed. This quote sums it up a bit more (also in the article): "�When you�re getting fixed-income returns of 10 and 15 percent, why be in equities?�
Are you all so desperate to paint a negative picture that you slant the stories you find on Bloomberg?
Quote from tradin4profits:
So what!! Anyone who has the kind of money these guys started with and a lick of common sense can make a fortune. So many negative nellies on this site how do any of you scared people make any money....probably dont. every post I see on this site is about the world ending. LOL and you guys call yourselves " professional"
Quote from 1flyfisher:
http://www.bloomberg.com/apps/news?pid=20601087&sid=awnLgcYqBrnU&refer=home
He tells americans to buy back in oct now he's getting out as fast as he can. He doesn't mind american suckers being the bag holders. Ha ha.
He's even been dumping staples like J&J and Procter gamble.
Look out below!
Quote from 1flyfisher:
I have been making a lot of money.
I went short in 07. Financial s and Builders.
Buffet went long OCT 08. At least that is what he told Americans to do.
Now he's selling staples.