CNBC: The "End" of Warren Buffett

Discussion in 'Wall St. News' started by MachM1, Jan 27, 2009.

Is This the End of Warren Buffett?

  1. Yes

    33 vote(s)
    37.1%
  2. No

    56 vote(s)
    62.9%
  1. Loki

    Loki

    Warren Buffet is a genious, one does not get to be one of the best invesors of all times only by luck.

    However the fact that he is still holding on it is something that might work for him, you can do what he does yet get very different results.
     
    #21     Jan 28, 2009
  2. JB3

    JB3

    I would laugh if Buffett put on a short squeeze on Kazz.
     
    #22     Jan 28, 2009
  3. Imagine

    Imagine

    i would laugh if Buffett just put in a market order on all of his holdings and when CNBC asks him why did he dump his entire portfolio

    he answers

    Because i can
     
    #23     Jan 28, 2009
  4. oh noe's, unrealized losses are bad! :confused:

    He doesn't use the leverage like banks do. He's fine
     
    #24     Jan 28, 2009
  5. Berkshire Hathaway is a mutual fund.
    The best mutual fund, he has constantly outperformed the S&P 500.

    Of course, like any mutual fund, when indices go down, so does the mutual fund.

    The S&P lost about 37% in 2008, BRK-A lost 34%, outperformed the S&P by 3%.
     
    #25     Jan 28, 2009
  6. Buying at 70 cents on the dollar has paid very well over the last 30 years.

    Wonder what today's dollar will be in 5 though.
     
    #26     Jan 28, 2009
  7. the funny thing is cnbc bashes buffett and yet promotes cramer as one of the best on wall street.
     
    #27     Jan 28, 2009
  8. Buffett was an old has been in 1999 too. I mean, here he is buying carpet companies when RMBS is trading at 600 and MSTR was trading at 200.

    Old fart.
     
    #28     Jan 28, 2009
  9. Accounting is dead
     
    #29     Jan 28, 2009
  10. yeah, but Craptor could buy and sell ya.

    what does that indicate?
     
    #30     Jan 28, 2009