"He said he was adding stocks to his personal investment account, which typically holds hundreds of millions of dollars and, until recently, contained only US government bonds. If prices remain cheap, he wrote, âmy non-Berkshire net worth will soon be 100 per cent in United States equitiesâ." does it mean that his personal account <$1B? the dude is not risking much i must say.
The plane did not even need to go hit WTC bldg 7.........remember the NEW american math...... "2 PLANES > 3 BUILDINGS" :eek:
The thing with Buffet is that he is relying on the markets to eventually bounce back. What's he been at the game for- 40-50 years? You just have to look further back in history - 1929 for instance - and see that just being long sooner or later will be disasterous. Now, what's going to happen from here is not a given - but one possible outcome is that we keep on sliding for 10 years. Where's his stocks gonna be at then? I'm not saying he isn't smart, however. His GS investment is going to give him free money thanks to the corrupt Paulson.
The fact that he is so in the public spotlight should be a hint that his rags to riches story is doubtful to be true. There is an untold tale behind him. His current statements (with conflicts of interests) and association with the globalist confirm that.