Maybe not, but the Sage of Omaha will be considerably less wealthy and humble as well as chastened. Does he get margin calls? I suppose he has enough cash to meet margin calls? Is Berkshire eligible for help from the 750 billion bailout?
I hope so. Buffet has gone decidedly New World Order. For all his power and influence, the guy is pushing heavy tax and Corporate Governance PC Bullshit. Sorry, Warren. But you lick my sweaty ballsack.
In order to be a successful investor an individual (Buffy) must know when to BUY and when to SELL. Knowing when to sell is equally important as to knowing when to buy. Buffy thinks he knows when to buy but he has been buying when the DOW was at 14,000 and has been buying at the top. He is the GREAT AMERICAN BAGHOLDER. Taken to the woodshed. http://www.bloomberg.com/apps/news?pid=20601087&sid=ayIRzsMlT.6k&refer=worldwide