Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: nicollo
Warren Buffett's Berkshire Hathaway ... lost $310 million in the first quarter from betting against the U.S. dollar

For all those currently short against the dollar, you gotta ask yourself...Do you feel lucky?

Well...Do Ya!?

If short investors try to get out before a "squeeze", the Yankee dollar might see a nice upward climb.

Warren, ol pal, I don't normally give investment advice, but you just might consider going short on the French franc.

.

4 posted on 04/30/2005 6:52:44 PM PDT by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Seaplaner
If short investors try to get out before a "squeeze", the Yankee dollar might see a nice upward climb.

I don't know the details of Mr. Buffet's position, but certainly currency speculation has been a scene where some very savvy people have had some very bad days.

27 posted on 05/01/2005 3:49:19 AM PDT by snowsislander
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson