Buffet rules out double dip recession amid growth

[Larson]

Quote from Gabfly1:

What does that even mean? Move out of the way from where? How is he stopping you in any way from doing anything you think you are capable of doing? Looks to me like you're shopping for a personal scapegoat.

Everyone has an opinion on the man. Good and bad.. He used to never give interviews, now he cannot wait to open his yapper.
Personally, he adds nothing of value in his comments from my perspective as I can see the "lay of the land" so to speak without his pronouncements.
As to your question, maybe his time has come to groom the upcomers, which would be far more noble at his age than shilling.

 

[Arnie]

He's most likely right. Do you really think we will see 2 consecutive qrts of neg growth?

And 10% UE isn't what it used to be. 1 in 5 Americans get some sort of govt check. With Obama and the Dems running things, its prbably closer to 1 in 4, or will be soon.

The more likely scenario is a real slow slog. Some sectors will do OK, others won't. I'm betting we see inflation, and that's bullish.

 

[MKTrader]

Quote from Arnie:



And 10% UE isn't what it used to be. 1 in 5 Americans get some sort of govt check. With Obama and the Dems running things, its prbably closer to 1 in 4, or will be soon.

And how long will that be sustainable...until we're forced to cut back like Greece...or Cuba?

 

[Gabfly1]

Quote from Larson:

Everyone has an opinion on the man. Good and bad.. He used to never give interviews, now he cannot wait to open his yapper.
Personally, he adds nothing of value in his comments from my perspective as I can see the "lay of the land" so to speak without his pronouncements.
As to your question, maybe his time has come to groom the upcomers, which would be far more noble at his age than shilling.

Why the sudden concern for his fund's continuity? (Do you have a stake in it?) As it is, you don't seem to respect him all that much.

 

[Larson]

Quote from Gabfly1:

Why the sudden concern for his fund's continuity? (Do you have a stake in it?) As it is, you don't seem to respect him all that much.

No, never invested in it. Just my worthless opinion after watching him over the years. No question he is one hell of a businessman and investor. I admire that aspect. Lately, he is a nuisance with the shilling.

 

[GuyFawkes]

This is how the insurance industry makes money, and who makes more than Buffett?

http://www.bloomberg.com/news/2010-...al-with-prudential-over-soldier-benefits.html

Absolute shameful story -the man is no American hero -he is a parasite.

 

[Gabfly1]

Quote from Larson:

No, never invested in it. Just my worthless opinion after watching him over the years. No question he is one hell of a businessman and investor. I admire that aspect. Lately, he is a nuisance with the shilling.

Okay. But judging by his cumulative record, I think he has earned about as much right as anyone, if not more than most, to speak his mind. As the third richest man in the world who has kept his integrity intact for the first eight decades of his life, do you really think he is selling out now by shilling?

 

[Larson]

Quote from Gabfly1:

Okay. But judging by his cumulative record, I think he has earned about as much right as anyone, if not more than most, to speak his mind.

Certainly. Obviously, he is using it to great" personal" benefit now though.

 

[Ash1972]

Quote from Gabfly1:

Okay. But judging by his cumulative record, I think he has earned about as much right as anyone, if not more than most, to speak his mind. As the third richest man in the world who has kept his integrity intact for the first eight decades of his life, do you really think he is selling out now by shilling?

For God's sake the man has $40 BILLION in the stock market. Like, duh, which way do you think he wants it to go?

 

[rew]

How can we have a double dip recession when we never got out of the first dip?