To: Grampa Dave
Well, Buffett's market moves are not right 100% of the time, but maybe 55%. It is this [relatively] modest prevalence of the right moves over the wrong ones that over the decades has made him THE BUFFETT. To ascribe to him malicious motivation is unnecessary and uncalled for. He made his currency move based on "concern about high U.S. trade and budget deficits." These concerns are legitimate, and so therefore is his move. And if he lost money on it - well, things happen. Must be among 45% or so of his market activities which do not pan out.
12 posted on
08/07/2005 11:53:56 AM PDT by
GSlob
To: GSlob
Buffet is an uber liberal.
Go invest with him and his ilk.
I will stay away.
13 posted on
08/07/2005 1:02:28 PM PDT by
Grampa Dave
(The civilized world must win WW IV/the Final Crusade and destroy Jihadism!)
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