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Buffett deepens dollar worries
Financial Times ^ | March 5 2005 | Dan Roberts

Posted on 03/06/2005 10:57:13 PM PST by nickcarraway

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To: durasell

And those people "believe" that the Donald made it all on his own. LOL


41 posted on 03/07/2005 1:44:32 PM PST by nopardons
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To: nopardons

When he came to this city -- from Queens -- he had nothing but the clothing in his back and $10 million.


42 posted on 03/07/2005 1:45:32 PM PST by durasell (Friends are so alarming, My lover's never charming...)
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To: nickcarraway

Buffet is correct on this.

Read his entire 2004 annual report
http://www.berkshirehathaway.com/2004ar/impnote04.html


43 posted on 03/07/2005 1:45:40 PM PST by soccer_linux_mozilla (I believe in the potential of Open Source software: Linux, Mozilla, Firefox, OpenOffice,etc)
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To: durasell

True,so true and something that is VERY well known;except by the morons.


44 posted on 03/07/2005 1:51:01 PM PST by nopardons
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To: undercover brother
So you believe the dollar falling started with Buffet?

No, but it is not as terrible as they claim. Not even close.

They are using it for their own purposes.(protecting their Chi-com investments, or at least trying like hell. Same thing with Gates.

45 posted on 03/07/2005 1:51:50 PM PST by Cold Heat (This space is being paid not to do anything.)
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To: nopardons

I remember twenty some years ago when some people were screaming that the sky was falling because the awful Japanese were buying up the entire country.

But it was all an illusion. The markets adjusted to reality, and the Japanese were left holding a very large empty bag.

Although this current situation is not exactly like that, it has enough similarities to be worth mentioning.

America will survive and go on.

And Buffett will pass from the scene, leaving his billions to Planned Barrenhood.


46 posted on 03/07/2005 1:54:20 PM PST by EternalVigilance (Freedom. Brought to you by the grace of God and the Red, White and Blue...)
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To: nickcarraway
Consider the following:

Missouri foreign exports are UP across the board.

That weak dollar also makes our products more attractive to foreign buyers.

47 posted on 03/07/2005 1:56:38 PM PST by demsux
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To: nopardons

I find the idea of guys reading Trump books to learn how to get rich rather touching. There's an innocence to it.


48 posted on 03/07/2005 1:58:31 PM PST by durasell (Friends are so alarming, My lover's never charming...)
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To: encm(ss)
My investment's are doing better than Warren Buffet - two years in a row! Jeez. And the world doesn't even know who I am.

Maybe that is because your investments, unlike Warren Buffett's, have not outperformed the S&P 500 36 out of the last 40 years......

49 posted on 03/07/2005 1:58:46 PM PST by ContemptofCourt
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To: EternalVigilance

I'm leaving all my billions to Unplanned Parenthood, a little known organization that distributes condoms made of rice paper.


50 posted on 03/07/2005 2:00:19 PM PST by durasell (Friends are so alarming, My lover's never charming...)
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To: durasell
"Innocence" or utter stupidity?

And WHY anyone watches his show,is quite beyond me.

51 posted on 03/07/2005 2:01:36 PM PST by nopardons
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To: nopardons

In the words of Jack Nicholson, "Is there any other kind?"


52 posted on 03/07/2005 2:02:54 PM PST by Texas Songwriter (p)
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To: durasell
ROTFLMSOPIMP!!!!!!!!!!!!!!!!!!!!!!!!!

Maybe I should leave my billions to the non-homeless. hehehehehe

53 posted on 03/07/2005 2:03:03 PM PST by nopardons
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To: Texas Songwriter

Ummm...Ed Koch and Zell Miller.


54 posted on 03/07/2005 2:04:16 PM PST by nopardons
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To: undercover brother
or else the dollar would have increased in value and he would have taken a bath.

Our dollar policies have been intentionally somewhat vague. (even misleading)

There is a method to the madness, as Buffet calls it.

His real concerns have more to do with his commitments in China, just like all the rest of the complainers.

They have good reason to be worried, because they never though we would get aggressive with our financial weight. A policy that Clinton never considered because they were in it for the short term gain..

What is going on is that the U.S is using it's leverage to make create a better environment and to counter what Europe and China planned to do to us.

It is not surprising that some Dem's got caught with their butts exposed to this. They always go where they think the money is, regardless of whether it hurts the U.S. or not.

I think this subject, like Iraq and Afghanistan, Palestine and the rest of the difficulties, will become more clear as time passes and the desired effects begin to manifest themselves for all to see.

55 posted on 03/07/2005 2:05:13 PM PST by Cold Heat (This space is being paid not to do anything.)
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To: nopardons

The guys who read the Trump books are optimists. They firmly believe in the American Dream. They're trying to improve their business savvy.

On the other hand, I used to say the same thing about conspiracy theorists. I thought they were optimists as well, since they thought the world would be fine if six guys stopped screwing around with things. Then I met one and found him really, really annoying. Changed my mind instantly.


56 posted on 03/07/2005 2:05:25 PM PST by durasell (Friends are so alarming, My lover's never charming...)
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To: nopardons

In the words of Jack Nicholson, "O.K., I'll give you that one."....in As Good As It Gets.


57 posted on 03/07/2005 2:06:54 PM PST by Texas Songwriter (p)
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To: EternalVigilance
BRAVO...very well put!

The thing is,some people either ignore facts,or never knew any.

Look at Soros's massive losses in going long in oil futures around the time of the GOP Convention last summer. He sold something or other (I don't remember just what right now)at that time,which shot up and made tons of money,to try to derail the president,just as the price of oil went down,got out and oil futures then shot up,after a bit. LOL

It seldom pans out,when someone invests with emotion and a political agenda against someone/a political party.

It's a pity that Warren's parents didn't subscribe to his planned barrenhood (good term!) fascination; but then,neither did Warren.

58 posted on 03/07/2005 2:12:56 PM PST by nopardons
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To: nopardons

What this country needs is more billionaires like Huntingtom Hartford!


59 posted on 03/07/2005 2:14:25 PM PST by durasell (Friends are so alarming, My lover's never charming...)
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To: encm(ss)

Warren buffet has currency invested in the euro. The higher it goes the better he does. The more depressed the dollare the more money he makes.

Think there is an incentive for him to talk down the ecconomy?


60 posted on 03/07/2005 2:14:48 PM PST by longtermmemmory (VOTE!)
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