Will Lightning Strike Twice for John Paulson?

Discussion in 'Wall St. News' started by goldenarm, Nov 20, 2008.

  1. Firstly, you don't need to be a brain surgeon to figure that only a portion of residential real estate and the encumbering loans have little to no worth. Therefore, for the diligent and patient, opportunities will be culled.

    Secondly, like Buffet, you and I can not get the same "deal" on the same or very similar INVESTMENT.

    Thirdly, again like Buffet, a diversified war chest of billions has significantly more capability of enduring an extended period of under or flat performance.

    The lionization of these gurus and oracles to the populaces is a joke. Nothing more than sheeple-food.

  2. BadCo


    Are you sure he isn't just buying to cover?