+1 at what point paper will not be trusted any more ? Looks like elite is not united everyone tries to grab AMAP until opportunity exist. more/larger wars seem to be only option left looking forward to keep this going. And going has to keep or else :eek:
5 billion is 3% of BRK, and 10% of their available cash, hardly all in imho and effecitvely they paid about $5 and change per share https://docs.google.com/spreadsheet...F8zb2NrUjM5ZHI0Szk5Wnh5Qk9LMUE&hl=en_US#gid=0 heads up to matt levine for that
http://www.marketwatch.com/story/sh...ica-2011-08-26?link=MW_story_investinginsight Buffet wins as long as BAC stays solvent, but unless BAC turns around the common shareholders jumping on the bandwagon could be seeing red for a while (GE/GS flashbacks anyone?)
do you have the"hand of god" when your fingers hit the keyboard? http://abhisays.com/gaming/maradonas-hand-of-god-goal.html
I recall when he bought into Goldman, the stock blipped higher and then fell apart in the days to come. Similarly with Wells Fargo, he bought, stock went up for a bit and then fell 50% (!). Moral is that do not rely on Buffett for timing, he is lousy at it.
i think the gold dealers just showed up their cards.all the way down to 1740 let`s see...............
I wonder if the bloke is of the same opinion now as two years ago... http://www.businessinsider.com/warr...-bailout-is-crushing-healthy-companies-2009-3