Has Buffett ever been early on bottom fishing and suffered big drawdown?

Any idea?

 

This should answer the question-

http://finance.yahoo.com/charts#cha...ick;crosshair=on;logscale=on;source=undefined

from 84,000 to 40,800. That is a good drawdown.

 

Y

he is not without mistakes

but he can handle avg dn.

Check out your local library. There are a number of books on him. YOu will find them entertaining reading.

 

let's see if gen re is tied up in any of these C D S's.


bgp

 

i think he bought BAC at 48 during summer...that was gutsy...dont know if it was prudent...what does he care what i think hes got 50 billion reasons not to!

 

US Air, circa 1991-1994