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alstry (36.27)

BERKSHIRE, BUFFETT, AND BS

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April 27, 2011 – Comments (5)

The Billionaires Turning On Each Other?

http://www.zerohedge.com/article/and-so-billionaires-turn-each-other-sokols-lawyer-accuses-buffett-lying

Just wait until Munger joins in....it will be quite a pi$$ing match.

This confirms the Industrial Age is on its last legs....are you ready for the Digital Age?

5 Comments – Post Your Own

#1) On April 28, 2011 at 12:19 AM, TMFAleph1 (96.59) wrote:

It takes a corrupted intellect to see confirming evidence of a delusional construction in matters that are totally unrelated. You may want to consult with a psychiatrist regarding your schizophrenia.

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#2) On April 28, 2011 at 8:15 AM, alstry (36.27) wrote:

My little friend, any nation that must print $1.6 trillion dollars out of thin air for its Industrial Economoy to function has already collapsed.

Right now we are funcioning on artificial life support......relax, the plug will eventually have to be pulled and a new system will replace it.....

It will be the digital age....it will be an Udder World.

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#3) On April 28, 2011 at 8:39 AM, buffalonate (94.49) wrote:

Alstry, put your money in a 3x bear fund if you truly believe we will collapse.  Then in a couple of years when you are broke we won't have to hear your tired rhetoric. 

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#4) On April 28, 2011 at 8:44 AM, alstry (36.27) wrote:

Soon money will be worthless if we continue on the same course...the Dow could go to 50,000, but if a gallon of gas was $1,000,000....what difference would it make.

Just take a look at Zimbabwe which preceeded us on this same policy path.

We could take a shot at fighting our way out of this...but my guess is it will be a really big fight.

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#5) On April 28, 2011 at 11:50 AM, miteycasey (30.29) wrote:

The issue is Sokol purchased the stock on two occassions. Buffet may have known about the first, second, or both and that's what confuses the matter. 

 

Sokol can claim he told Buffet and buffet can say 'yes you told me about the first time, but not the second'. And Sokol can claim he told him he owned the stock thinking by giving his approval Buffet meant he could buy more.

 

It will be interesting. 

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