that david kass has a short position. why else would he go on public record to make such lame ass comment to the media. i think understands float etc as pro. he ain't no retard.
Buffet may be right with his long positions but he will most likely be dead by the time those positions go positive.
LOL!!! I hit a sore spot! You didn't answer my question... do you see the irony of you living in your parents' basement criticizing the guy who was #1 on the 2008 Forbes list of the world's billionaires?
That's YOUR "logic" not mine, moron. Do YOU see the irony of you living in your parents' basement criticizing the guy who was #1 on the 2008 Forbes list of the world's billionaires?
That number can't be right. There has to be at least as many Treasury $$$ out there as there is Federal debt. My guess is they've excluded the giant pile of T-bonds sitting in the infamous SS and Health Benefit "lock boxes". The SS pile is arguably excludable for the near-term as the program is still slightly in surplus, but the Health benefit program is not and should now be included in such calculations.
Idiots, there's no way for Buffet to dodge these bullets. He is the house. His selling of those puts wasn't too bright, but the other stuff, no exit, 'cept the final exit. No one forced his stockholders to hang on. Can't blame the old man.
Man, did you ever. We need to chip in and get that boy some prozac. He's got anger issues. He'll read these posts tomorrow and pull a Mike Tyson: "I want to rip out his heart and feed it to him. I want to kill people. I want to rip their stomachs out and eat their children. I'm on the Zoloft to keep from killin ya'll."
And for the OP, I guess that's the downside to managing a huge portfolio. You can't just liquidate and hide the cash under your mattress. I have a feeling Warren will be just fine, though.