Posts Tagged ‘warren buffet’
Buffett Predicts an “Onslaught of Inflation”
Saturday, February 28, 2009 9:43 11 CommentsIn his long awaited annual letter to shareholders, Warren Buffet reflected on the economic crisis, the coming inflationary pressures, and his own personal mistakes. “During 2008 I did some dumb things in investments. I made at least one major mistake of commission and several lesser ones that also hurt,” he explains.
Speaking of the government response [...]
Great Depression Quotes 1929 vs 2008: Have We Learned Anything?
Thursday, February 26, 2009 19:07 26 CommentsA few select quotes during the depression years of 1929 to 1931.
Notice the “Expert” opinions which convey optimism, the bank bailouts, government assurances, the Hoover (Paulson) plan, and the deliberate attempt by the main stream media to manufacture consent for bailing out Wall St. Has anything changed?
“There is no cause [...]
Did Warren Buffet Just Capitulate?
Wednesday, February 18, 2009 7:59 No CommentsThe oracle of Omaha, Warren Buffet, sold half of his stake in Johnson & Johnson (JNJ).
Mr. Buffett’s Berkshire Hathaway has just reported its holdings as of December 31 2008. The company slashed its position in JNJ to 28.6 million shares down from 61.8 million the previous quarter (a 54% reduction). Johnson & Johnson peaked in [...]
