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Berkshire Profit down 64%

Recs

9

May 02, 2008 – Comments (4)

Ouch...

4 Comments – Post Your Own

#1) On May 02, 2008 at 6:15 PM, dwot (45.74) wrote:

He did say derivatives were instruments of mass financial destruction...

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#2) On May 02, 2008 at 7:55 PM, XMFSinchiruna (27.12) wrote:

Holy cow!!  I have a feeling this result will reverberate through the minds of investors, and resonate with those watching for signs of trouble.

Capitulation begins when the populace recognizes the severity of the problem.  This will shake the confidence of many a tunnel-visioned investor.

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#3) On May 02, 2008 at 8:10 PM, abitare (49.76) wrote:

Buffett: "Economy in a recession, will be worse than feared". We knew back in July 07

April 29, 2008 – 

The Oracle needs a replacement, he is getting slow.... Why not abitarecatania?

I don't do derevatives. Also Buffett's mentor Benjammin Graham lost 70% of his money in the depression. 

 

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#4) On May 03, 2008 at 12:42 AM, EScroogeJr (< 20) wrote:

Would be nice to see some pullback next week. I always wanted to own one share of BRK B.

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