Warren Buffett's interview on CNBC..

He's smart. He continues to say nothing in interviews.

"The Big Whale" huh? What could "The Big Whale" be?

 

This "large acquisition" talk from Buffet is quite a departure. First off, everyone and their brother has been doing large acquisitions over the past two years. you would think Buffett would have been first to the mega-buyout party, not last. Second, U.S. valuations are completely out of line with his valuation methodology. If he were to make a large acquisition, I think it would be international.

Has anyone applied for his CIO apprentice position?

 

I couldn't agree more.

I do think it's going to be a record-breaking acquisition.. $46 billion is a lot of cash...

 

Looks like Mohnish Pabrai applied. He's an amazing value player.

More: http://setup1.wsj.com/article/SB117769304545985007.html?mod=index_to_people

 

Liz Clayman acts like she's a gitty 16 year old school girl talking to the high school football quarterback.

 

Haha.. yeah she does.. Hummer backstage for stock tips??? He did have a shitgrin on his face.....

 

As of Dec. 2006, He (Mohnish ) has returned an annualized 26.2% since inception in 1999, not too bad...

 

Perhaps he's turning bearish and is just trying to cover his tracks with this kind of talk.

 

Maybe Warren just needs a replacement so he can live out his one true dream