ping
-ccm
Buffett is a leftist greed head Democrat always betting against America. Think Soros without the accent.
Something's misleading here. Berkshire's performance in 2005 was 6.4% vs. 4.9 for the S&P according to the statement.
What happened, insider info ran out?
Not a good idea to bet against the ole US of A.
I feel like such a shrimp, I play in the under $100 stocks.
Yawnnnnn. Hack job reporting. What about the billions and billions he's made? I take that loss in a heart beat if I could have 1/2 the gains.
Warren Buffett's vote of no confidence in U.S. fiscal policies is up to $20 billion.
The dollar has fallen savagely against the euro for the past three years, and the trade deficit is running $55 billion a month. Is the currency rout over? Can the trade deficit be fixed with a rise in interest rates or an upward revaluation of the Chinese currency? Warren Buffett, the world's most visible dollar bear, says the answer to both these questions is no. His bet against the dollar, reported at $12 billion in his last annual report (for Dec. 31, 2003), has gotten all the bigger. Now his Berkshire Hathaway has a $20 billion bet in favor of the euro, the pound and six other foreign currencies.
Buffett has for a long time been lecturing fellow Americans about their bad habit of borrowing from abroad to live well today. He made a big stink about his currency trades in his March 2004 letter to shareholders. FORBES phoned him recently for an update, hoping for the news that the Scold of Omaha had softened his views on the decline of the dollar. What we got was more doom and gloom, more than we have ever heard from the man. In other words, he is not about to cover his short position on the dollar.
Buy on the dips!
HAHAHAHAHA> Did we not say right here that this was going to happen to the great man.
This is from CBS, it hard to know who to believe, even on something as straight forward as this.
"Billionaire investor Warren Buffett said Saturday in his annual letter to shareholders of Berkshire Hathaway Inc. that his holding company's net worth grew by $5.6 billion in 2005, which he dubbed "a decent year."
That increased class A and B per-share book value 6.4 percent, beating the S&P gain of 4.9 percent for the year."
I think we need a couple other sources, or a press release from Buffet that hasn't gone through any newsroom that would alter it.
As soon as people heard him making commie noises, they should have taken their money and run.
So? He became THE Warren Buffett by being right in maybe 55% of his investment decisions. Were it 95-100%, then it would be "planet Earth - Warren Buffett, sole proprietor". So what is, or could be, more natural than him occasionally making the wrong business move? His decisions are calculated ones, and either his info could be incomplete or erroneous, or he could miscalculate. Happens even to the best of us - even to Warren Buffett.
Betting against Bush and America. Any wonder why he & $oro$ wanted Kerry and the Dinos to win the election?
Pray for W and Our Freedom Fightes
The old gasbag let his left-wing friends talk him into betting against the US, and it cost him dearly. No problem. He'll just make more.