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Why GS is better than Buffett

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October 17, 2009 – Comments (6)

Its ability to generate positive revenue from "Trading and principal investments" with such consistency makes Warren look like an incompetent bumbler.

 

http://blogs.reuters.com/rolfe-winkler/2009/10/15/letting-goldman-roll-the-dice/

6 Comments – Post Your Own

#1) On October 17, 2009 at 1:48 AM, ikkyu2 (98.19) wrote:

Cui bono?  Certainly not common.

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#2) On October 17, 2009 at 2:03 AM, DOW4000 (< 20) wrote:

yeah, cause they are CROOKS. When you can move lots of cash, borrow like a bank now, create news stories while taking the other side of the trade, place your CEO's in the highest levels of government, use flash trading - OF COURSE you will do well. Stupid post. They are CROOKS.

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#3) On October 17, 2009 at 2:51 AM, throwerw (28.30) wrote:

buffett is only one smart person.  GS is a lot of smart people.  What's your point?

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#4) On October 17, 2009 at 3:14 AM, TMFBabo (100.00) wrote:

I'm not going to defend late-in-life Buffett's moves, but I would kill for his track record and investment history.

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#5) On October 17, 2009 at 4:21 AM, HarryCaraysGhost (87.17) wrote:

Charlie munger is a hard-ass He would cut cost to where you might see BRK-A  a million. The Indefensivble would be gone.

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#6) On October 17, 2009 at 5:58 PM, rd80 (94.67) wrote:

Why Buffett is better than GS.

If/when Berkshire exercises the GS warrants Buffett negotiated last fall as part of the preferred investment, the largest Goldman Sachs shareholder, by far, will be - you guessed it - Berkshire Hathaway.

 

 

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