I wonder what Buffet will say should WFC and USB common get wiped out. Will he still have so many warm feelings for US regulators?
So what!! Anyone who has the kind of money these guys started with and a lick of common sense can make a fortune. So many negative nellies on this site how do any of you scared people make any money....probably dont. every post I see on this site is about the world ending. LOL and you guys call yourselves " professional"
I wonder what buffett will say if Obama gives him a call asking about nationalization, hmm actually I dont think its too hard to figure this one out
I have been making a lot of money. I went short in 07. Financial s and Builders. Buffet went long OCT 08. At least that is what he told Americans to do. Now he's selling staples.
His portfolio is a mix of dozens of stocks. I'm sure he's just rotating sectors. not a big story at all.
From your post here, it seems that you went long homebuilders too. http://www.elitetrader.com/vb/showthread.php?s=&postid=1677873#post1677873