Buffett going 100% long stocks

Quote from blnbr:

Buffett bot GE when it traded at low $20s just a few weeks ago. When I looked at the GE price chart, gee, it was moving in a strong down trend and I could not see a meaningful support until $5 ~ $10 on the chart. Today GE is around $12... Buffett's billion vanished.

Buffett should have consulted me first, too bad. :cool:
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I think Buffetts day has come and gone! I sincerely hope I am wrong but I do think he is going to lose his butt.
 
Quote from nickdes:

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I think Buffetts day has come and gone! I sincerely hope I am wrong but I do think he is going to lose his butt.
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We call that the law of ever changing cycles!
 
Buffett went long on all the wrong stocks which is why he will never recover his losses.

He should ditch the old crappy strategy that failed him for the past ten years and buy large cap tech such as GOOG and AAPL.
 
Quote from stock_trad3r:

Buffett went long on all the wrong stocks which is why he will never recover his losses.

He should ditch the old crappy strategy that failed him for the past ten years and buy large cap tech such as GOOG and AAPL.
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Do you see the irony of you living in your parent's basement criticizing the richest man in the United States?
 
How did his "political connections in Washington" put him at the top of the 2008 Forbes list of the world's billionaires?

It's hilarious that some of you are talking shit like you know better than Buffett. ROTFLMAO!!! Typical ET! Guess what? Even if the market declined 99% from here he'd still have WAY more money than the combined net worth of everyone who has ever posted on ET.

People said he lost his touch during the tech bubble and now they're saying it because we're in a bear market. But obviously he doesn't think or invest like we do:
http://www.fool.com/investing/value/2008/11/20/learn-from-buffetts-patience.aspx
Quote from number22:

Buffet is a tool. Without his political connections in Washington, he is nothing, a nobody.
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Other than thinking he is shithead for his social comments and jerkoff for his comments about traders -I have to admit when I read his shareholder letters - I liked his logic.

But the real question is - what has he done that has crated profit in the last five years? Has he been making good stock picks and investments. Just a question for you all you guys who study jimmy's cousin.
 
People criticizing him here is like a bench warmer on a kids hockey team saying Wayne Gretzky sucks.
Quote from newtrader80:

Do you see the irony of you living in your parent's basement criticizing the richest man in the United States?
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