Buffett feels horny today?

Warren Buffett Says Sell to Me, Not `Porn Shop,'

``You can sell it to Berkshire, and we'll put it in the Metropolitan Museum; it'll have a wing all by itself; it'll be there forever,'' he says at the February meeting. ``Or you can sell it to some porn shop operator, and he'll take the painting and he'll make the boobs a little bigger and he'll stick it up in the window, and some other guy will come along in a raincoat, and he'll buy it.''

http://www.bloomberg.com/apps/news?pid=20601109&sid=aeFpqxqAMwwo&refer=home
 
the porn shop operator is synomous to wall street brokers and speculators and market makers/investment bankers and hedg funds.

the investment bankers or hedge funds will destroy your company if they own it.



Quote from turkeyneck:

Warren Buffett Says Sell to Me, Not `Porn Shop,'

``You can sell it to Berkshire, and we'll put it in the Metropolitan Museum; it'll have a wing all by itself; it'll be there forever,'' he says at the February meeting. ``Or you can sell it to some porn shop operator, and he'll take the painting and he'll make the boobs a little bigger and he'll stick it up in the window, and some other guy will come along in a raincoat, and he'll buy it.''

http://www.bloomberg.com/apps/news?pid=20601109&sid=aeFpqxqAMwwo&refer=home
 
Quote from phoenix3:

For liberal Viagra mainlining Democrats like WB, it is ultimately and always about s*e*x.

Buffet liberal?

You're a funny guy.

He's saturated with common sense.
 
Quote from kickboxers:
investment bankers or hedge funds will destroy your company if they own it.
Bud Fox: Why do you need to wreck this company?
Gordon Gekko: Because it's WRECKABLE, all right?
 
Buffet is in a rush to trim down his huge cash position. He knows the mechanics of inflation very well and realizes that his cash positions are the least valueable part of his business.
 
that is the problem with interest rates at 2%.

if you are only looking for 7.5% annual return

dividends, bond yield and even high interes saving account would be suffice.

but FED has the investors in rock in a hard place with stagflation environment.







Quote from FerdinandAlx:

Buffet is in a rush to trim down his huge cash position. He knows the mechanics of inflation very well and realizes that his cash positions are the least valueable part of his business.
 
hedge funds and mutual funds or any fund need a minimum cash position to cover cash withdrawals



Quote from FerdinandAlx:

Buffet is in a rush to trim down his huge cash position. He knows the mechanics of inflation very well and realizes that his cash positions are the least valueable part of his business.
 
his positions are so big it's not liquid in some cases.



Quote from FerdinandAlx:

Buffet is in a rush to trim down his huge cash position. He knows the mechanics of inflation very well and realizes that his cash positions are the least valueable part of his business.
 
Back
Top