Buffet warns of problem in the next 10 years

btw,

anyone can reasonably assume that the insurance companies he owns are up to their neck in derivatives.


how do they lay off risk otherwise?
 
but its sadly so true.

Quote from grimer11:

the former America is becoming the Brazil of the North....a hodgepodge of overtaxed, purposely under-educated muddled trash ruled by a hostile government.......wow and it only took 2 generations...time to head for the exits.



grimer11
More...
 
check out some of the convertible bond financing he has provided in the past. i think it was GS that he got like a 9% yield and made a fortune on the conversion.

when i say opportunist, i mean it as a compliment.

Quote from waggie945:

Buffet is not a trader.

He is a "value" investor with a long-term buy and hold type of philsophy based on fundamental value. His comments on derivatives make me "yawn" . . .
More...
 
Quote from Richard England:



"Some time in the next 10 years, you will have a huge problem that will either be caused by or accentuated by people's activities in derivatives," he said.
More...

Excessively amorphous to draw a descent conclusion.
 
It is interesting that Greenspan said derivative is good. In particular, he said that banks did fairly well in 2000-04 despite of Enron, Worldcom, largely because of credit derivatives.


Whom do you believe? Buffet or Greenspan?
 
Quote from waggie945:
Buffet is not a trader.
He is a "value" investor with a long-term buy and hold type of philsophy based on fundamental value. His comments on derivatives make me "yawn" . . .
More...
Quote from vinigar:
Buffet sure knows how to scare the crap out of people so that later on he can go in with a change of heart and scorff them all up. Smart ...real smart!:cool:
More...
Quiz: Who is the guy who "teaches" investors to buy and hold while he "the magician" buys and sells like the trader he hates? :eek:

Quote from pepper_john:
...Whom do you believe? Buffet or Greenspan?
More...
Don't ask me, ask the devil. :D
 
DIE STOCKS DIE!!!

DIE BONDS DIE!!!

CRASH BABY!!!!!

Rates ripping, crude at new all time highs, and Wall St. is in denial about the whole thing.

LOL
 
Quote from grimer11:

the former America is becoming the Brazil of the North....a hodgepodge of overtaxed, purposely under-educated muddled trash ruled by a hostile government......


grimer11
More...



hostile government--- yes.

undereducated---- no.


surfer :eek:
 
You must log in or register to reply here.
Back
Top