Thread: Buffett on Obama
#1 Buffett on Obama11-19-2008, 09:53 PM
Berkshire Hathaway has slid 41% this year, 12% today alone. I wonder if the Oracle of Omaha is still going to be so gung-ho on Obama's plans for the U.S. economy? Berkshire's shareholder equity fell about 9 Billion in October.
Better to die on your feet than live on your knees.
11-19-2008, 11:46 PM
- Join Date
- May 2008
Buffett got pissed at one of his stockholders who was concerned about the losses. He told the guy to sell if he did not want to lose money. The stockholders will try to force him out in the near future. His stock picks have gone sour lately. We are screwed if Obama leans heavily on economic advise from Buffett and Volker. Two old dogs that need to go into retirement permanently
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