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.
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Warren Buffet will go broke
- Thread starter NY_HOOD
- Start date
this too shal pass. only question is how much time. buffett has staying power.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.
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.
How can he go broke when he has no debt?
Buffett has experienced 1973-74 which was worse than this crisis. He studied under Graham who lived and invested through the 1930s.
Basically your comments are poorly thought out. Typical internet message board flea trying to piss on an elephant.
I'll add you to the list of ES shorts taking the other side of Buffett's trade, and we will see who comes out on top in 5 years. Let the record state that NY Hood is short the ES from 928.