Buffet may be overrated and brk.a stock is a bubble

PAPA ROACH · Mar 3, 2008

Quote from stock_trad3r:

I guess I should sell everything now and go hide in a bomb shelter till the fallout settles.

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No, you should have sold when EVERYONE FOR ONCE ON THIS SITE AGREED that you should take some profits. Coulda been a hero, portfolio now at zero.

You bashed traders for bad habits, when it is really as simple as buy low and sell high. Go learn the second part of the formula.

bond tr4der · Mar 3, 2008

Quote from stock_trad3r:

I have come to the realization that warren buffet may be overrated and that brk.a is in a bubble. I woke up early this morning and watched about ten minutes of the CNBC squack box buffet Q&A and released that buffet has no better idea about the direction of the economy or stock market than anyone else. He says stocks aren't cheap and we're in a recession. Ohhh I'm so scared. I guess I should sell everything now and go hide in a bomb shelter till the fallout settles.

He's like I bought coke in 1981..gee even a halfwit could have made money buying almost anything in 1981 and holding a few decades.) Also, the reason why brk.a stock keeps going up is cause idiot, wealthy investors are anticipating a huge buffet windfall from buying the market dips and geico. There are no fundamental reasons to justify the massive surge in BRK.a stock in the past six months. This has the makings of a small bubble. BRK.a is up 30%!!!! while the dow is flat for the past year. Why? Anticipation! Of what? Who knows. This is a bubble. Expect this overpriced pump stock to fall back to 110K in six-nine months or so.
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So you're the infamous stock_trad3er, we meet at last.

interdigital · Mar 3, 2008

We still haven't seen stock_trad3r and day make postings with the exact same timestamp down to the minute.

robbie380 · Mar 3, 2008

Quote from stock_trad3r:

I have come to the realization that warren buffet may be overrated and that brk.a is in a bubble. I woke up early this morning and watched about ten minutes of the CNBC squack box buffet Q&A and released that buffet has no better idea about the direction of the economy or stock market than anyone else. He says stocks aren't cheap and we're in a recession. Ohhh I'm so scared. I guess I should sell everything now and go hide in a bomb shelter till the fallout settles.

He's like I bought coke in 1981..gee even a halfwit could have made money buying almost anything in 1981 and holding a few decades.) Also, the reason why brk.a stock keeps going up is cause idiot, wealthy investors are anticipating a huge buffet windfall from buying the market dips and geico. There are no fundamental reasons to justify the massive surge in BRK.a stock in the past six months. This has the makings of a small bubble. BRK.a is up 30%!!!! while the dow is flat for the past year. Why? Anticipation! Of what? Who knows. This is a bubble. Expect this overpriced pump stock to fall back to 110K in six-nine months or so.
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then get short and stfu.

Ivanovich · Mar 3, 2008

They're different people. ST can, at least, form a grammatically correct paragraph.

HedgefundTrader2 · Mar 4, 2008

Quote from stock_trad3r:

I have come to the realization that warren buffet may be overrated and that brk.a is in a bubble. I woke up early this morning and watched about ten minutes of the CNBC squack box buffet Q&A and released that buffet has no better idea about the direction of the economy or stock market than anyone else. He says stocks aren't cheap and we're in a recession. Ohhh I'm so scared. I guess I should sell everything now and go hide in a bomb shelter till the fallout settles.

He's like I bought coke in 1981..gee even a halfwit could have made money buying almost anything in 1981 and holding a few decades.) Also, the reason why brk.a stock keeps going up is cause idiot, wealthy investors are anticipating a huge buffet windfall from buying the market dips and geico. There are no fundamental reasons to justify the massive surge in BRK.a stock in the past six months. This has the makings of a small bubble. BRK.a is up 30%!!!! while the dow is flat for the past year. Why? Anticipation! Of what? Who knows. This is a bubble. Expect this overpriced pump stock to fall back to 110K in six-nine months or so.
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Warren Buffets tells the country on CNBC we have a recession while is accumulating bigger position in stocks that are sold out by the public cheap and are quite under valued without any resistance. Building huge positions is his game while you panic sell into his lap.

Talk about manipulation. Read my other post " Warren Buffet manipulating markets ".

HedgefundTrader2 · Mar 4, 2008

Quote from interdigital:

We still haven't seen stock_trad3r and day make postings with the exact same timestamp down to the minute.
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Why do you keep associating day with stock- turder? Is there some deep seated delusional paranoia ?

kiwi_trader · Mar 4, 2008

LMAO day7793,

Why do people try to link you two?

Simple. Because whenever we get a total idiot here the tendency is for him to be a new incarnation of an old idiot.

I agree with the earlier poster that you don't seem to be the same people. Unless of course Stocktrad3r has been cunningly faking the awful grammar.

HolyGrail · Mar 4, 2008

You have to admit it's entertaining watching one idiot quote another idiot.

stock_trad3r · Mar 4, 2008

BRk.a is mostly a holding company. How is it possible for the holding company to outperform the broad markets by 30% unless buffet is making very specific investments? Is he buying Oil and GOLD companies or Agriculture? Doubt it. The reason why it is up so much is due to anticipation. This anticipation is unfounded and unless the market surges brk.a will fall back to 110,000 so or even with a PE of 15.

Also, things aren't that bad. It is still just early March. We have the rest of the year. Don't see things getting much worse.