Warren Buffet will go broke

I think beside playing for long term, he is trying to introduce confidence. Just like a hundred years ago, when a few influental bankers, investors were able to sway the market mood and avoid further panic...
 
Quote from NY_HOOD:

he is telling the NY Times that he is buying stocks because peple are fearful. he has NEVER experienced a market/cris like this and i do not think he should be followed;its just dumb. keep in mind the government is probably hinting that he make these sorts of comments to ease investor worries. not gonna do it. thegoldman sachs buy was a favor to the fed. lets be real.
More...
I've thought for a while most of your posts seem to indicate you're a teenager with $1500 in an online account somewhere. But this has got to be the most idiotic statement I have ever read on ET. Are you just trying to get a reaction from people? Seriously.
 
Quote from BullAlert:

I've thought for a while most of your posts seem to indicate you're a teenager with $1500 in an online account somewhere. But this has got to be the most idiotic statement I have ever read on ET. Are you just trying to get a reaction from people? Seriously.
More...

Agreed.

It's almost as if these posts come from people that are simply trying to generate "web-traffic" on ET. They log onto ET between their college courses, during Summer vacation, Holidays, etc. and make some of the most absurd claims and statements - - - highly reflective of people that DO NOT TRADE FOR A LIVING!

It makes the TRADING FORUM a total joke.

Sad, but true.
 
....I share the sentiment above, about the OP and his astuteness :)
Buffett cannot go broke he has a lot of staying powers and knowledge. He does not buy on margin and he did not put all his eggs in the same basket. Berkshire is a ~200(?) Billion colossus
Quote from NY_HOOD:

he is telling the NY Times that he is buying stocks because peple are fearful. he has NEVER experienced a market/cris like this and i do not think he should be followed;its just dumb. keep in mind the government is probably hinting that he make these sorts of comments to ease investor worries. not gonna do it. thegoldman sachs buy was a favor to the fed. lets be real.
More...
 
Quote from Landis82:

Agreed.

It's almost as if these posts come from people that are simply trying to generate "web-traffic" on ET. They log onto ET between their college courses, during Summer vacation, Holidays, etc. and make some of the most absurd claims and statements - - - highly reflective of people that DO NOT TRADE FOR A LIVING!

It makes the TRADING FORUM a total joke.

Sad, but true.
More...

Good point Landis.

I am a FULL-TIME TRADER. That means I'm in it 24 hours a day, have no boss and generate my own fear and euphoria.

NY HOOD: what is your occupation? Are you a college student? Come clean!!
 
This question is an insult to college students (my wife works at UC Davis...) he sounds more like a high school drop out "poker player" :)
Quote from BullAlert:

Good point Landis.

I am a FULL-TIME TRADER. That means I'm in it 24 hours a day, have no boss and generate my own fear and euphoria.

NY HOOD: what is your occupation? Are you a college student? Come clean!!
More...
 
ny hood, even if buffet gets wiped off he'll still be a million times wealthier than you, guess i can understand such pain
 
Quote from ralph00:

WTF! Are you kidding? I'm not commenting on what Buffet is doing, but saying that 73-74 is worse than now is just ignorant.

Remember key differences ... there was a lot of room between Fed Funds and zero in the mid-70s, there is very little now. The government and the populace was not nearly as indebted then as they are now. The point being, that both then and now were brutal bear markets and recessions, but in the mid-70s, there were a lot of bullets left in the gun. Now, the Feds are all-in. What do they have left if things get worse from here?
More...

Why is it ignorant to say 73-74 is worse than now?
 
You must log in or register to reply here.
Back
Top