CNBC: The "End" of Warren Buffett

[stock_trad3r]

Quote from MachM1:

Just days after renewing his public criticism of Warren Buffett's current investment strategy and situation, the well-known short seller Doug Kass is out with a very bearish outlook for Berkshire Hathaway shares.

And this time he's not just making a short-term prediction as he did last year when he bet against Berkshire's stock for several months and then covered that bet at a profit.

Today on TheStreet.com, Kass asks, "Is This the End of Warren Buffett?"

Based on reported Berkshire holdings as of September 30, and the stock moves since then, Kass estimates:

Wells Fargo: $6.3 billion lost on 290 million shares

American Express: $2.9 billion lost on 151 million shares

Coca-Cola: $2.1 billion lost on 200 million shares

Burlington Northern Santa Fe: $1.8 billion lost on 63 million shares

ConocoPhillips: $1.5 billion lost on 60 million shares

U.S. Bancorp: $1.5 billion on 73 million shares

http://www.cnbc.com/id/28877530

BRK at worst will track the SPY. So yea K-ass is full of it like always. If you watch kudlow and company you will see he is a fool.

 

[Free Thinker]

Quote from stock777:

yeah, but Craptor could buy and sell ya.

what does that indicate?

so could buffett but they bashed him. what does that indicate?

 

[swtrader]

and now, 2 minutes Buffett

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[talknetMach]

Quote from MachM1:

Today on TheStreet.com, Kass asks, "Is This the End of Warren Buffett?"[/url]

According to Dr. Marc Faber, S&P 500 is heading towards 100-levels. So DOW Jones will also reach 2000-levels because of $60 Trillion to $100 Trillion Loss to the world economy.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=149998