May 02, 2008
– Comments (4)
He did say derivatives were instruments of mass financial destruction...
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.
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.
Would be nice to see some pullback next week. I always wanted to own one share of BRK B.