@BNEHKG9 Any other ways e.g. options on real estate (does that even make sense lol). Why would CDS on mortgage backed securities make you billions like Paulson etc.
I was very disappointment to see that WMG blocked my video for music content of a copyright - This video is actually a Project of a collections of pictures to share with family and friends. I put the - Rose Garden by - Lynn Anderson that I concider it a very old song that don't make sense to bend it or block it - Hope Youtube can take that to their considerations.
Looking for serious and hard working people who want to earn good money working on my team. Email me at: foster_236@hotmail.com and I will send you an Eligibility Form to fill out. If all is well then you can start working on my team ASAP!
the US treasury is not what it used to be, obviously due to its irresponsibility in handling the credit default swap issue.
besides, why should the world be confident about the Treasury of a country that is already bankrupt if it is not postponed by status quo as too many people in important positions are involved? a country that has been consuming more than 50% of the world's resources, more than its fair share, and not paying for it!
no reason to be confident of the US or it's treasury.
Population-reducers Ted Turner, Bill Gates & Warren Buffet must set examples for people who remain unconvinced and intractable, unmoved and apathetic in regards to voluntary genocide as advocated by red China's favorite Austrian: Henry Kissinger. Their notable suicides will shine as beacons beckoning kith & kin to follow.
buffet's diagnosis is so far off. The patient was high on cheap money being handed to them from the fed and leveraged the hell out it and created massive amounts of debt now the drugs are wearing off.You can't shoot the patient up with more drugs you let them make it through the withdrawal period and sober up to build a real foundation of strength you don't set it up for a bigger problem in the future which is what buffet clearly want's along with his banking elite buddies.
Our days are numbred... weather you think so or not...
One of the most interesting stories I've ever seen about this man and his cohorts ... On the Hal Lindsey Report... right here in You Tube... Check this out... Just not believable.
How about "beyond the fact that we're not producing anything anymore, we have no factories, no industry, everybody's trying to sell credit and and useless financial toilet paper online to make a living, and its just make pretend anyway, because the whole country lives off China for the last 10 years, and now the govt. is just xeroxing money as the last step, before the dollar will disappear too." How about beyond that?
Many saw the October 08 "tsunami" coming. The "crash" was a mere correction. The bubble burst with an intensity relative to the size it had inflated over 80s, late 90s and 0s. Stop investing and start trading. More people became millionaires October 10 2008 than any day in history. The Media mongers fear, and says money was "lost". In reality it was *transferred* to people who approach the market flexibly and know how to profit when price value is falling. Media is paid to talk, not be correct.
@wheezer6au the conflict of 'free media' is that they r supposed to be unbiased, but at the same time also do not produce stories that might be in the conflict-of-interest of their advertising sponsors. and in the corporatized world every is motivated by profit, even the free media
@wheezer6au Well, to be accurate, its net effect was a major loss. Obviously, in the event of a massive downward slump in the market, individuals/firms with heavy short positions will prosper. There were far more people who lost money though. And it's important to remember that less than 10% of people earn any money from day trading in the long run, let alone enough to making a living.Trading is a zero-sum game. Disclaimer: I'm just throwing facts and not condemning anything at all
My take: Warren Buffet is successful because he is more patient than the average investor. He is rich because he is old. He bought solid businesses and sat with them, waiting as they generally grew.
Our days are numbred... weather you think so or not...
One of the most interesting stories I've ever seen about this man and his cohorts ... On the Hal Lindsey Report... right here in You Tube... Check this out... Just not believable.
If you're want to read how misguided billionaire Buffet is extremely enthusiastic about the bloody slaughter of unborn babies in abortion clinics, search for these news article titles in your search engine:
Buffett Secretly Spending Millions on Abortion Med-School Scheme: NY Times
Warren Buffett : An Unbounded Enthusiasm for Abortion
Planned Parenthood Pushes Abortion for Profit: Ex-Abortion Facility Director
Massive Buffett Donations Will Fund Pro-Abortion Agenda around the World
If you leave this sorry ass country and live in the jungle like our forefathers you wouldn't have to worry about this shit. Fuck Buffet, fuck the and fuck you.oligarts.
Buffett donates millions to Planned Parenthood - largest U.S. abortion clinic that violently slaughters millions of babies Please boycott Buffett's Berkshire Hathaway Lots of info on this topic online - type this in search engine: 1) Warren Buffett Planned Parenthood 2) Gates Planned Parenthood 3) Planned Parenthood abortion To see brutality imposed on babies during abortion, visit websites: 1) abortioninstruments 2) abortionNo 3) Abort73 - look at tab "Abort73 Video" - 13th video
Breast cancer rates are highest in countries with the highest induced abortion rates. Breast cancer was infrequent before Roe vs Wade legalized abortion nationwide. Currently, there are about 1.2 million abortions in the U.S per year. By age 45, 42% of American women have had an abortion. Since Roe vs Wade in 1973, breast cancer rates in the U.S. have increased about 40%. Induced abortion cause biological changes to occur in breasts which make women more susceptible to breast cancer.
@ProLifeEternally when ppl r broke, they decide not to have babies, esp. when there is no guarantees to welfare, esp. now. its a good idea NOT to have babies when u have no money
Warren Buffett donates money to organizations that support the killing of millions of unborn & innocent babies - abortion mills.
For photos of the babies, please see type"abortionNo" into your search engine & go to the first website that appears. Check under subheading, "abortion video" under heading ProLife Resources.
Or, type abort73 into search engine.
Website reveals the sheer brutality of abortion & the violence abortion imposes on the voiceless unborn children
The stock market "glitch" on May 10 was a manipulated warning to Congress, "either do what we say or we will destroy the nation via the stock market". In this video, Max Keiser says we can fight back by BOYCOTTING THEIR PRODUCTS, starting with Coca-Cola and Mr. Pibb owned by Warren Buffet. PLEASE JOIN ME IN THE BOYCOTT.
Max Keiser on the Stock Market Glitch Partt 5 (May 10, 2010)
He's just money, money, money, profit, profit, 100 percent, 10 percent... an empty shell ... this is all he is. Crazy poor (in all senses other than money) guy.
Buffett is great and I love him but he should sell out of Blankfein crook Goldman Sachs. Goldman pays only 1% taxes due to Cayman Islands shelters they are fucking crooks.
Buffett get Berkshire out of this sleazy organization with that asshole used car dealer Blankfein running it.
Warren, why don't you tell the freaking truth and tell them to JAIL THE DISHONEST WALL STREETERS! You really are letting the little people down and giving the shit head bankers a high five. Is that because you are greedy and have so much skin in the game? Please answer this or forever go down as a greedy bastard!
The most fundamental question of all: What is the underlying law of nature.
As the way of all things, what effect do you suppose its question, knowledge, understanding and application by billions of persons would have on the state of global economics, science, the humanities, education, government and business?
@hongster76 That is absurd; do you think billionaires are billionaires because they sit on it so no one else can have it? It is constantly being reinvested and like all wealth, stimulating the economy.
Thank you Charlie Rose for amazing and influential interviews. You give the average Joe who would never have such an amazing opportunity to converse with successful people such as those whom you have been interviewing for nearly two decades.
Your interviews will be forever a part of history.
Wish he would have commented on why he's not including his granddaughter (the one with the dreds that appeared on Oprah--telling her story--some years back) in the Trust? And why he don't 'peel' her way now? She said she works..like as a maid or an assistant, or something? What's the science behind that, Warren?
The next 10 years will be uncomprehendable to us now. With the coming advances in technology and the changes in economies and national powers. America's debt could bite us in the ass, but the stimulus is the only thing that saved our BANKS from going bankrupt, witch frightenly enough, could of destroyed America as we know it, or at least striped us of any power.
The stimulus is only delaying the inevitable collapse, it's pointless for the leading banks to survive cos their way of operating manufatures bubbles of debt to inflate and reduce monetary value. How can you trust the faulty and corrupt to fix their own problems, by giving themselves bonuses?
@perlaand I don't think you need a world-class fundamental analysis business investor to tell you that the current way world finances operate would inevitably cause a tsunami. This is why people are investing in gold, which is actually investing in the prediction that cash will become more worthless.
@wheezer6au You're right-a doctor who saw the tsunami coming and bet against the most exposed firms, Dr. Mike Burry of Scion Capital was covered in Vanity Fair's April 2010 issue. ps: for a great free film on alternative currencies google the money fix
@wheezer6au tsunamis are difficult to detect with your eyes. kinda like the illusion of a fast moving freight train which appears to be moving rather slow in a head on perspective
@wheezer6au tsunamis are difficult to detect and time out with your eyes. kinda like the illusion of a fast moving freight train which appears to be moving rather slow when observed in a head on perspective
@wheezer6au its difficult to see and time out when tsunami will hit with just your eyes. kind of like a fast moving freight train that appears to be slow moving when observed head on at a distance.
@wheezer6au its difficult to see and time out when tsunami will hit with just your eyes. kind of like a fast moving freight train that appears to be slow moving when observed head on at a distance. Never been in a tsunami just going with common sense here
Rose had Jeff Immelt on tonight's program. He spent the whole hour smugly remarking on how he leveraged $3 billion from Buffet and instantly ended up an Obama advisor for building a few windmills with it in the East. Imelt spun the whole hour into an ad against protectionism for his heavily outsourced company. Rose didn't ask Imelt about new media protectionism announced for NBC internet products. Basically protectionism is supposed to only work for masters of the universe like Buffet and Imelt.
Warren Buffet, I suspect, wants stocks to go down so that he can buy them cheaply and make huge profits in a recovery. That's why he sounds so negative. He's as opportunitstic as anyone else.
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Buffett is a wall street shark. How do you think he got rich in the first place?, he's not good ol' granpa, though that's the image he tries to sell...
He's one of the few outstanding individuals i've been fortunate enough to come across! absolutely fascinating & kind hearted! if you guys are curious...snowball is a good book to read,get to know about his life=)!
(P.S. He's givin away about 85% of his wealth to charity)
That is understandable.Buffet says, he's was lucky to be born in the right place at the right time & feels an obligation to the community who helped him there. He's gifted at making $ but not giving it away. Hence why he wants to make as much as possible before he dies so when he gives it away, there would be more.His wife was supposed to help distribute the money, sadly she passed away, so it'll be given to Gates. If he's saying that only for image, I'm sure the journalists would pick up on it.
Come on Buffet...with your wads of cash ...money you or your heirs could never possibly spend...you have a beautiful grand daughter Nicole that has to supplement her income by working at a San Francisco Boutique.
You will be gone in probably less than 30 years...you worship the money...but you toss family members aside...shame on you and some of us can not be bought or controlled no matter how much money you throw at them...you came into this world penniless and your going out the same way!
are you a dope? Why do you seem uncapable to write something intelligently or rational? My contention one of the reasons this nation is going to hell in a handbasket is because of people like yourself.
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I had respect for this guy, but now it is obvious that he's just as corrupt as all the other pigs on Wall Street and Washington. He invested heavily in financials and derivatives and now he wants everyone else to cover his loss.
Let me get this straight. The banks want us to give them free money so they can turn around and lend it to us with interest. I hope they all burn in hell soon!
Buffett was never into politics until recently... I truly hate seeing him represent as one party's iconic figure. He's still right on the spot, but for some reason I think he changed.
@tcampbellla -- You can replicate most derivatives such as options and futures by taking long and short positions in bonds and stocks. Even if they banned Options, you can still replicate them in the market. The creation of derivatives just makes it easy.
As good as Buffet is, I would not trust a word he is saying right now. There is no way he can be objective about bailing out banks, when he owns part of Goldman Sachs.
He says nobody saw it coming. Plenty of people saw it coming. Jim Rogers saw it. Peter schiff saw it.
Buffett didn't see the tsnunami. Now, as someone else said, he's sucking off the gov't tit too. He wants to cheat the people who shorted his positions by using the gov't to bail him out. He's a huckster himself.
The greatest investor in his own field, and the greatest investor period. I read his biography, some of his books on value investing and how his differed from Benjamin Graham's version of Value investing, and his is even better.
I also like his views on diversification and how diversification won't work for professional investors, and even amatuer investors with small amounts of knowledge
Warren is a briliant man. I read a few of his books. His theory and stratagies work. Most people diversify because they are unsure of thier investments! Know what you're investing in and know it well!!! Thanks for the video!
the credit market makers and the treasury, were aware of the unsustainable market they were creating. They all knew a (huge) readjustment would be necessary. They also knew that there would be very little chance that any of the CEOs would ever be held vicariously liable for their competitive lending strategies. So...10 cents to create an accountable financial industry through a people funded class action/ inquiry or a 15% increase in tax for the next 2 decades? Get back to me.
How about this for people power. The government is announcing that the debt incurred will indirectly be transfered to the tax payer over the forthcoming decades at perhaps a rate or 15% increase per annum. That works out pretty expensive. On the other hand I am working out the costs of a class action suit against the Government.I would take around 10 cents from each american citizen to fund the legal costs, retain the best law firm in the country and make the bankers and the treasury accountable
Warren Buffett is a value investor. He reads balance sheets for fun. He invests for the long term and isn't a momentum investor. He's a liberal and has many criticisms of the Republicans who through their greed and stupidity have caused so many problems
financial, war, citizen's health etc etc
not only in the USA but throughout the world.
Don't blame all in the party since there are some good people in the party. Blame the American voter and the silly antiquated electoral system.
please DONT READ THIS. YOU WILL GET KISSED ON THE NEAREST POSSIBLE FRIDAY BY THE LOVE OF YOUR LIFE. TOMORROW WILL BE THE BEST DAY OF YOUR LIFE. HOWEVER IF YOU DONT POST THIS COMMENT TO AT LEAST 3 VIDEOS YOU WILL DIE WITHIN 2 DAYS. NOW UV STARTED READIN DIS DUNT STOP THIS IS SO SCARY. SEND THIS OVER TO 5 VIDEOS IN 143 MINUTES WHEN UR DONE PRESS F6 AND UR CRUSHES NAME WILL APPEAR ON THE SCREEN IN BIG LETTERS. THIS IS SO SCARY BECAUSE IT works
would be nice. I don't think the money planners in Washington going to help Obama either. Buffet and Obama might bring home the Turkey for next season. There's just so many people to replace now. Why with two Justices being ousted. Wash. is going to have to shape up or else "Plumber Joe" will show them.
I deeply respect Mr. Buffet but I don't agree at all with his assumption that there is a way to revive liquidity right now.
Liquidity is just an abbreviated way of saying: The collective confidence of investors and their willingness to risk personal capital in various markets providing funds critical to all aspects of lending in hopes of a future gain.
I agree with Ron Paul when he says Warren Buffet is a genius and knows how to make money in an inflationary economy, but sorry as long as there is a printing press called the Federal Reserve that is private and has no oversight, they can devaluue your dollar by printing more I do not believe we can control how much money is in circulation. The answer is sound money, we all should be able to safe and not have to invest because our currency is devaluting at such a rapid rate.
you want to get rid of the fed and replace it with what? gold standard is impractical, why do you think we went off it in 73? The systemic risk of a metallic monetary standard is far greater than that of a fiat system. I agree the fed system may not be the most efficient means of creating a stable monetary environment but it is what we got right now and a gold standard just makes monetary policy more difficult to control.Ron Paul speaks as if banks have incentive to cause inflation.
The full interview is available on google video. Buffett describes the "bailout" as being more of an investment, one that he would like to get a piece of if it were possible, and one that will likely result in the American people not only getting their $700B back, but with interest as well.
The interview went a long way towards helping me understand the situation. He does warn, however, that things aren't likely to look much better for 6 mos. to 2 yrs.
Buffet is talking cause he likes to talk, like anyone does. And yes, this crisis was predicted, and it was only a matter of time! Now the rotten apples get weeded out.
Sorry, Warren Buffet is not being straight forward here. This entire thing was predicted by many economists a long time ago. When he says people have done the right things, my bet is that he is intentionally being misleading. Warren Buffet is probably one of the smartest business men ever, and I will bet he knew this was coming a long time ago as well.
what economists are you hanging out with? i don't know of any prominent economists other than roubini who were doomsaying in any real way prior to about a year ago. buffett very openly has written in his shareholder letters about the over-leveraging of america in general, and the consequences that might have for years, so i don't understand your saying he's "being misleading." that said, no one, not even buffett, predicted the exact way this has played out.
I recommend you simply type some searches into Google like 'economists predicted crisis', etc. Keep reading and searching and you will find what you seek. There were many people who voiced (for years) that this financial crisis was in the making. You can bet that Mr. Buffet knew it was coming as well.
I guess I failed at giving any names... you may want to start with Nouriel Roubini who predicted this a long time ago in great detail. He was not alone but was one that took heat for vocalizing what was in the making.
wow, that's a palin-esque answer! i asked who other than roubini, and you say roubini! look, many people warned for years about certain facets of the current crisis, but i don't know that anyone prior to 2008 tied the whole thing together and predicted that the residential real estate bubble bursting would lead to the freezing up of credit markets, collapse of 3 leading investment banks, failures of com'l banks worldwide, nationlization of fannie/freddie and aig, etc...
Ha ha... you are right. I should have read your question more carefully. And, Palin-esque is something I hope to never be called again :) But, really? All you have to do is a Little research to find a plethora of people who predicted this crisis for its true reasons. I wish I could reveal my personal source (warning me in 2004)... but, anyhow, here are some names of others who seemingly saw this coming:
I think Buffet is a great man, and I think Buffet just wants the economy to get better, not only because he is vested, but because it is obviously the best thing for all of us.
For the 'great athlete' metaphor think OJ; A once popular great athlete now long past his prime who goes around killing and robbing people.
I find this a bit surprising coming from Buffett. I read an article he wrote a couple of years ago where he said Americans were 'selling off parts of the farm their ancestors built so they can buy flat screen TV's' (roughly). So he and many others saw the over-leveraging that was going on and were sounding the alarms.
Maybe life for you is about spending, but Buffets view of the world is about being the best not showing off the money, have you invested lately? Have you made any money, are you sure you will have the life to spend you money, (if you have some).
Sorry if somehow I question your idol, yes I made some money not so much as him (or you), I know that we do not live forever and we have a limited time. My comment comes from my efforts to understand what keeps him moving. Trying to be the best? Sorry, it is too much for me.
i dont think so buddy. u should read smth about buffett. he was a billionaire a long time ago and one thing he has never does with his money is "spending". so i'm sure he's not worried about spending it now. not to mention he has actually given most of it away
I love how people keep telling us how to feel and what to do, but not the real impact of the coming decisions, the possibilities, and the chain of effect from the institutions down to individuals. Maybe it's because no one knows the whole picture, they're all just trying to cover themselves and their interests.
Warren has a firm grasp on the mechanics of the economy. Long term investing requires knowing how to time markets. He is looking at companies that will be here long after the recession passes. Plus he knows greed in society and how to exploit that as well! Take note future billionaires...
Warren Buffet is arguably one of the most admirable humans on the face of the planet. Not only has his expertise been wildly fruitful for himself (making him the wealthiest individual in the world), but he is the world's greatest philanthropist. Plus, he advocates changing the tax code so that HE pays more because it is, in his opinion, only fair that investment gains be taxed higher than labor gains. He's a great man, and your simplistic slander identifies you as a fool.
i can hardly imagine a human being with one million dollars.I sometimes meet people with 100k in the bank and various assets.
He has billions,he seems nice enough,he cant fix the world,the prez cant fix the world,but you want me to?You want me to save aluminum,vote and write congress.
That makes us less than ape,we ARE bacteria.Whats even better is that we are fighting the ultimate fight of good and evil.Thats weird.
Franklin Raines was ousted as CEO of Fannie Mae due to a $6.3 billion accounting scandal in 2004. Raines later became an economic adviser to Sen. Obama in his run for the presidency. The motive behind Raines' accounting scandal was to line his own pockets. Fannie Mae had built in incentives for executives. The incentives were tied to Earnings Per Share (EPS) targets. So, Raines "cooked the books" to make Fannie Mae appear that the institution was financially sound.
The Wall Street Scandal and mortgage crash is a result of loose lending practices pushed-through by Barney Frank. In 2003 both Bush and Treasury Secretary Snow warned congress and introduced legislation to tighten-down, or at least to have oversight on, lending practices. News reels show Democrat Barney Frank shot their proposals down.
anyone knows where i can get the whole video footage?
1PeaceNation 1 month ago
How does one "bet against the real estate market" I don't understand this
qwertypluss 5 months ago
@qwertypluss Credit Default Swaps on Mortgage Backed Securities...
BNEHKG9 5 months ago
@BNEHKG9 Any other ways e.g. options on real estate (does that even make sense lol). Why would CDS on mortgage backed securities make you billions like Paulson etc.
qwertypluss 5 months ago
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I was very disappointment to see that WMG blocked my video for music content of a copyright - This video is actually a Project of a collections of pictures to share with family and friends. I put the - Rose Garden by - Lynn Anderson that I concider it a very old song that don't make sense to bend it or block it - Hope Youtube can take that to their considerations.
SuperBingo21 7 months ago
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Looking for serious and hard working people who want to earn good money working on my team. Email me at: foster_236@hotmail.com and I will send you an Eligibility Form to fill out. If all is well then you can start working on my team ASAP!
foster2367 7 months ago
the US treasury is not what it used to be, obviously due to its irresponsibility in handling the credit default swap issue.
besides, why should the world be confident about the Treasury of a country that is already bankrupt if it is not postponed by status quo as too many people in important positions are involved? a country that has been consuming more than 50% of the world's resources, more than its fair share, and not paying for it!
no reason to be confident of the US or it's treasury.
hongster76 9 months ago
Buffet almost whispered when he mentioned 'the United States Treasury' at 1:50, the first reference, his doesn't sound too confident of his opinion.
and noticed how he said US treasury so many times, he almost sound like he was advertising for them. lol
and i disagree with him
hongster76 9 months ago
Population-reducers Ted Turner, Bill Gates & Warren Buffet must set examples for people who remain unconvinced and intractable, unmoved and apathetic in regards to voluntary genocide as advocated by red China's favorite Austrian: Henry Kissinger. Their notable suicides will shine as beacons beckoning kith & kin to follow.
IconsOfTeleplay 10 months ago
Buffett! I want to be your apprentice!!
TheIdiosyncratic3 1 year ago
buffet's diagnosis is so far off. The patient was high on cheap money being handed to them from the fed and leveraged the hell out it and created massive amounts of debt now the drugs are wearing off.You can't shoot the patient up with more drugs you let them make it through the withdrawal period and sober up to build a real foundation of strength you don't set it up for a bigger problem in the future which is what buffet clearly want's along with his banking elite buddies.
Depletethestate 1 year ago
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SIMPLE:
BUY LOW - SELL HIGH.
Why is this so difficult to understand?!?!?
49fiori 1 year ago
MY HERO
smokenfly514 1 year ago
Our days are numbred... weather you think so or not...
One of the most interesting stories I've ever seen about this man and his cohorts ... On the Hal Lindsey Report... right here in You Tube... Check this out... Just not believable.
Billionaires Decide Who Lives Who Dies
onstageagain 1 year ago
How about "beyond the fact that we're not producing anything anymore, we have no factories, no industry, everybody's trying to sell credit and and useless financial toilet paper online to make a living, and its just make pretend anyway, because the whole country lives off China for the last 10 years, and now the govt. is just xeroxing money as the last step, before the dollar will disappear too." How about beyond that?
NorceCodine 1 year ago
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Buffett donates millions to Planned Parenthood - largest U.S. abortion clinic that violently slaughters millions of babies
Boycott Buffett's Berkshire Hathaway Lots of info on this topic online - google:
1) Buffett Planned Parenthood
2) Gates Planned Parenthood
To see brutality imposed on babies during abortion, visit websites:
1) abortioninstruments
2) abortionNo
3) Abort73 - look at tab "Abort73 Video" - 13th video
Type "This is Abortion" into YouTube search bar to see abortion
ProLifeHelp 1 year ago
Many saw the October 08 "tsunami" coming. The "crash" was a mere correction. The bubble burst with an intensity relative to the size it had inflated over 80s, late 90s and 0s. Stop investing and start trading. More people became millionaires October 10 2008 than any day in history. The Media mongers fear, and says money was "lost". In reality it was *transferred* to people who approach the market flexibly and know how to profit when price value is falling. Media is paid to talk, not be correct.
wheezer6au 1 year ago 9
@wheezer6au the conflict of 'free media' is that they r supposed to be unbiased, but at the same time also do not produce stories that might be in the conflict-of-interest of their advertising sponsors. and in the corporatized world every is motivated by profit, even the free media
hongster76 9 months ago
@wheezer6au Well, to be accurate, its net effect was a major loss. Obviously, in the event of a massive downward slump in the market, individuals/firms with heavy short positions will prosper. There were far more people who lost money though. And it's important to remember that less than 10% of people earn any money from day trading in the long run, let alone enough to making a living.Trading is a zero-sum game. Disclaimer: I'm just throwing facts and not condemning anything at all
smokenfly514 1 month ago
My take: Warren Buffet is successful because he is more patient than the average investor. He is rich because he is old. He bought solid businesses and sat with them, waiting as they generally grew.
wheezer6au 1 year ago
@wheezer6au
Our days are numbred... weather you think so or not...
One of the most interesting stories I've ever seen about this man and his cohorts ... On the Hal Lindsey Report... right here in You Tube... Check this out... Just not believable.
Billionaires Decide Who Lives Who Dies
onstageagain 1 year ago
DISCOVERED in the 21st century: The Underlying Law of Nature (i.e., the world's most useful knowledge).
You decide.
The straightforward, empirical process for identifying the underlying law of nature first hand–i.e., for oneself, was discovered in 2008.
The top 3 General Characteristics of the underlying law of nature:
#1. The Way of All Things
#2. The Basis of All Laws and Principles
#3. The Basis of All Health, Growth, Efficacy and Efficiency
Google it, as a start, if interested.
TedDGPoulos 1 year ago
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If you're want to read how misguided billionaire Buffet is extremely enthusiastic about the bloody slaughter of unborn babies in abortion clinics, search for these news article titles in your search engine:
Buffett Secretly Spending Millions on Abortion Med-School Scheme: NY Times
Warren Buffett : An Unbounded Enthusiasm for Abortion
Planned Parenthood Pushes Abortion for Profit: Ex-Abortion Facility Director
Massive Buffett Donations Will Fund Pro-Abortion Agenda around the World
ProLifeHelp 1 year ago
If you leave this sorry ass country and live in the jungle like our forefathers you wouldn't have to worry about this shit. Fuck Buffet, fuck the and fuck you.oligarts.
flirtwd 1 year ago
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ProLifeHelp 1 year ago
ok surely this man knows that the economy is manipulated by the Illuminati and the NWO
gwhendri 1 year ago
Breast cancer rates are highest in countries with the highest induced abortion rates. Breast cancer was infrequent before Roe vs Wade legalized abortion nationwide. Currently, there are about 1.2 million abortions in the U.S per year. By age 45, 42% of American women have had an abortion. Since Roe vs Wade in 1973, breast cancer rates in the U.S. have increased about 40%. Induced abortion cause biological changes to occur in breasts which make women more susceptible to breast cancer.
ProLifeEternally 1 year ago
@ProLifeEternally I don't know about breast cancer, but I'm sure you suffer some serious brain cancer.
mullaahmed 1 year ago
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@mullaahmed
Abortion truly is violent & bloody.
Abortionist basically rips & tears the unborn & helpless baby apart. Blood gushes out everywhere. Want to see for yourself?
For proof of this brutality, just visit the websites that pop up when you type this into your search engine:
1) abortioninstruments
2) abortionNo
3) Abort73 - look at tab on top right of page called "Abort73 Video" / Scroll down & watch 13th video title "This is Abortion"
Tell me what you think
ProLifeChristian 1 year ago
@ProLifeEternally when ppl r broke, they decide not to have babies, esp. when there is no guarantees to welfare, esp. now. its a good idea NOT to have babies when u have no money
hongster76 9 months ago
I just hope and pray this man is being consulted by idiot politicians on a regular basis - he and people like him are our only hope
ajbond41 1 year ago
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Warren Buffett donates money to organizations that support the killing of millions of unborn & innocent babies - abortion mills.
For photos of the babies, please see type"abortionNo" into your search engine & go to the first website that appears. Check under subheading, "abortion video" under heading ProLife Resources.
Or, type abort73 into search engine.
Website reveals the sheer brutality of abortion & the violence abortion imposes on the voiceless unborn children
ProLifeEternally 1 year ago 2
he talks like joker :)
adamhellman 1 year ago
awesome video , thanks !
frankqio 1 year ago
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The stock market "glitch" on May 10 was a manipulated warning to Congress, "either do what we say or we will destroy the nation via the stock market". In this video, Max Keiser says we can fight back by BOYCOTTING THEIR PRODUCTS, starting with Coca-Cola and Mr. Pibb owned by Warren Buffet. PLEASE JOIN ME IN THE BOYCOTT.
Max Keiser on the Stock Market Glitch Partt 5 (May 10, 2010)
youtube.com/watch?v=yYM6Ts6gNbI
GThomason 1 year ago
He's just money, money, money, profit, profit, 100 percent, 10 percent... an empty shell ... this is all he is. Crazy poor (in all senses other than money) guy.
perlaand 1 year ago
He's a motherfucker and a mass murderer, only he kills via economics. One day such scumbags will be judged as they are, less than shit.
guerriero667 1 year ago
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Gafnn d o t c o m
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Here you can share investing ideas, concepts and plans with financial gurus... or just hang out, share photos, videos and blog posts.
infaredeyes09 1 year ago
I love this man, I could listen to him for ages... he is so philosophical in the way he thinks. I wish i worked for him.
mus139 1 year ago
@mus139 u and other retards like urself, can you not perceive the world on your own?
hongster76 9 months ago
Buffett is great and I love him but he should sell out of Blankfein crook Goldman Sachs. Goldman pays only 1% taxes due to Cayman Islands shelters they are fucking crooks.
Buffett get Berkshire out of this sleazy organization with that asshole used car dealer Blankfein running it.
yourhillary 1 year ago
Good video
kensingtonrock 1 year ago
Warren, why don't you tell the freaking truth and tell them to JAIL THE DISHONEST WALL STREETERS! You really are letting the little people down and giving the shit head bankers a high five. Is that because you are greedy and have so much skin in the game? Please answer this or forever go down as a greedy bastard!
avibard 1 year ago
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The most fundamental question of all: What is the underlying law of nature.
As the way of all things, what effect do you suppose its question, knowledge, understanding and application by billions of persons would have on the state of global economics, science, the humanities, education, government and business?
TedDGPoulos 1 year ago
Sad to see an old multi-billionaire peddling such horrendous economic logic. Anything to get his stock prices up, huh?
Foslopac 1 year ago
Buffett is a great person first and a great businessman second. The world needs more Warren Buffett's.
JustinmacD 1 year ago 2
And how do u know he is not a wolf in a sheep's skin?
HoSayLiaoLah 1 year ago
@JustinmacD more billionaires also means more poorer people in the world. pls dont pretend that u understand when u dont
hongster76 9 months ago
@hongster76 That is absurd; do you think billionaires are billionaires because they sit on it so no one else can have it? It is constantly being reinvested and like all wealth, stimulating the economy.
jrspence100 6 months ago
damn he can has veyron....XD
Ironhide167 1 year ago
Warren Buffett is the good one. He's no Rupert Murdoch.
nikolosvalakis2 1 year ago
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This guy is almost single handedly destroying the planet. Unbelievable.
LeviVdBogaard 1 year ago
Explain to me how he is destroying the planet???
Ttmxj 1 year ago 5
stupid liberals.
sugarkang 1 year ago
@sugarkang You are an idiot sugarkang, it's so obvious!
avibard 1 year ago
and your alternative is to keep your $1 in your pocket while tomorrow it becomes $0.9 and then $0.8, then $0.7...
AlsatianCousin 2 years ago
fuck u walmart
willcal123456789 2 years ago
Thank you Charlie Rose for amazing and influential interviews. You give the average Joe who would never have such an amazing opportunity to converse with successful people such as those whom you have been interviewing for nearly two decades.
Your interviews will be forever a part of history.
crazysoccerman14 2 years ago
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fuck this piece of shit. fucking bumbling idiot. hurry up and fucking die already
atsuroc 2 years ago
Bumbling idoit? you obviosly know nothing about finance
stevo420king 2 years ago 3
@stevo420king u obviously dont either.
buffett is now just a mere mouth piece of the feds n us treasury, since he bailed out the banks with his own money, they now share similar interests
hongster76 9 months ago
Mr. Cheney please give someone else a chance to talk!
poexxope 2 years ago 2
I wish I have ears like his...the bigger the lobe, the more the wealth.
Runaholism 2 years ago
hahaha thts true..even beyonce has big ears...god i wis i had it too
rimmel10 2 years ago
i got big ears and im poor as fuck
mafia1953 2 years ago 3
big ears + big nose = big wealth. You have a lot of potentials brother. The sky is the limit.
Runaholism 2 years ago
¡Viva la lucha de los trabajadores de Kraft-Terrabus Argentinai!
¡Long live the struggle of workers at Kraft-Terrabusi Argentina!
plusvaliaa 2 years ago
Wish he would have commented on why he's not including his granddaughter (the one with the dreds that appeared on Oprah--telling her story--some years back) in the Trust? And why he don't 'peel' her way now? She said she works..like as a maid or an assistant, or something? What's the science behind that, Warren?
sageofferings 2 years ago
I would help PBS but only of there we're not such liberal hippies....sigh
Snotra 2 years ago
The next 10 years will be uncomprehendable to us now. With the coming advances in technology and the changes in economies and national powers. America's debt could bite us in the ass, but the stimulus is the only thing that saved our BANKS from going bankrupt, witch frightenly enough, could of destroyed America as we know it, or at least striped us of any power.
ForgetGod666 2 years ago
The stimulus is only delaying the inevitable collapse, it's pointless for the leading banks to survive cos their way of operating manufatures bubbles of debt to inflate and reduce monetary value. How can you trust the faulty and corrupt to fix their own problems, by giving themselves bonuses?
burlearth 2 years ago
Abolish the Fed and the fractional reserve banking system. Austrian school economists saw the tsunami coming.
Ontologistics 2 years ago
"No-one saw the tsunami coming." What the hell?
wheezer6au 2 years ago 14
@wheezer6au I bet he saw... and bet against it ...and didn't tell us
perlaand 1 year ago
@perlaand I don't think you need a world-class fundamental analysis business investor to tell you that the current way world finances operate would inevitably cause a tsunami. This is why people are investing in gold, which is actually investing in the prediction that cash will become more worthless.
wheezer6au 1 year ago
@wheezer6au You're right-a doctor who saw the tsunami coming and bet against the most exposed firms, Dr. Mike Burry of Scion Capital was covered in Vanity Fair's April 2010 issue. ps: for a great free film on alternative currencies google the money fix
youtu33time 1 year ago
@wheezer6au Yeah what about Peter Schiff and Gerald Celente?
AlexanderLee1 1 year ago
@AlexanderLee1 Hi Alex. Don't know who those people are so.. yes... what about them..
wheezer6au 1 year ago
@wheezer6au tsunamis are difficult to detect with your eyes. kinda like the illusion of a fast moving freight train which appears to be moving rather slow in a head on perspective
StillHaveADream 1 year ago
@wheezer6au tsunamis are difficult to detect and time out with your eyes. kinda like the illusion of a fast moving freight train which appears to be moving rather slow when observed in a head on perspective
StillHaveADream 1 year ago
@wheezer6au
StillHaveADream 1 year ago
@wheezer6au its difficult to see and time out when tsunami will hit with just your eyes. kind of like a fast moving freight train that appears to be slow moving when observed head on at a distance.
StillHaveADream 1 year ago
@wheezer6au its difficult to see and time out when tsunami will hit with just your eyes. kind of like a fast moving freight train that appears to be slow moving when observed head on at a distance. Never been in a tsunami just going with common sense here
StillHaveADream 1 year ago
@wheezer6au
people who did see it got rich, so they remained silent
WilliamMason352 10 months ago 2
@wheezer6au yea if you did see it coming your most likely dead! xD
pup101 6 months ago
Rose had Jeff Immelt on tonight's program. He spent the whole hour smugly remarking on how he leveraged $3 billion from Buffet and instantly ended up an Obama advisor for building a few windmills with it in the East. Imelt spun the whole hour into an ad against protectionism for his heavily outsourced company. Rose didn't ask Imelt about new media protectionism announced for NBC internet products. Basically protectionism is supposed to only work for masters of the universe like Buffet and Imelt.
oldParasiteSingle 2 years ago
Audit the FEDERAL RESERVE. Which is a corporation not a federal department.
Listen to his words. I heard something like "we need a new pearl harbor" to fix the problems. "fully" Wake Up!
bigc028282 2 years ago
Warren Buffet, I suspect, wants stocks to go down so that he can buy them cheaply and make huge profits in a recovery. That's why he sounds so negative. He's as opportunitstic as anyone else.
imjustpassinthru 2 years ago
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Buffett is a wall street shark. How do you think he got rich in the first place?, he's not good ol' granpa, though that's the image he tries to sell...
einbischen 3 years ago
no way he's awesome.
GorterPoss 2 years ago
He's one of the few outstanding individuals i've been fortunate enough to come across! absolutely fascinating & kind hearted! if you guys are curious...snowball is a good book to read,get to know about his life=)!
(P.S. He's givin away about 85% of his wealth to charity)
funoas 2 years ago 3
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I NEVER BELIEVE that Gates and Buffet are giving so much money for charity,i think they say it only for image
nicometal88 2 years ago
That is understandable.Buffet says, he's was lucky to be born in the right place at the right time & feels an obligation to the community who helped him there. He's gifted at making $ but not giving it away. Hence why he wants to make as much as possible before he dies so when he gives it away, there would be more.His wife was supposed to help distribute the money, sadly she passed away, so it'll be given to Gates. If he's saying that only for image, I'm sure the journalists would pick up on it.
funoas 2 years ago
well, believe it.
carnegie and rockefeller were dicks at first but also but gave mad charity in the end.
deveousdevil 2 years ago
Fark you bitch!
MrWarrenbuffett 2 years ago
'I'd rather have an ad hoc response than no response at all'.
Even if it only worsens the damage? Even if it undermines the free market? Even if such a solution stands to become part of the problem?
Wormtail81 3 years ago
This is all Gordon Brown's fault!!
Thomkinsson 3 years ago
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Come on Buffet...with your wads of cash ...money you or your heirs could never possibly spend...you have a beautiful grand daughter Nicole that has to supplement her income by working at a San Francisco Boutique.
You will be gone in probably less than 30 years...you worship the money...but you toss family members aside...shame on you and some of us can not be bought or controlled no matter how much money you throw at them...you came into this world penniless and your going out the same way!
jamieW0101 3 years ago
are you mentally jailed no to say why they do not stop the ongoing, horrendous war raged over in Asia ?
the war draws a financial hole like an abyss since so many years now and you do not see that it is THE cause of the bankruptcy of the dollar ?
dombadil 3 years ago
i am a fuckin' licker of bot. that's why they call me a bot licker
ArseBEAST 3 years ago
are you a dope? Why do you seem uncapable to write something intelligently or rational? My contention one of the reasons this nation is going to hell in a handbasket is because of people like yourself.
CP1960 2 years ago
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I had respect for this guy, but now it is obvious that he's just as corrupt as all the other pigs on Wall Street and Washington. He invested heavily in financials and derivatives and now he wants everyone else to cover his loss.
Let me get this straight. The banks want us to give them free money so they can turn around and lend it to us with interest. I hope they all burn in hell soon!
falcon2154 3 years ago
Buffett was never into politics until recently... I truly hate seeing him represent as one party's iconic figure. He's still right on the spot, but for some reason I think he changed.
babymegatron 3 years ago 2
Buffett invested very little in dervatives. He, in fact, called it a fool's game which it is and is a major source of the problem.
tcampbellla 3 years ago 11
@tcampbellla -- You can replicate most derivatives such as options and futures by taking long and short positions in bonds and stocks. Even if they banned Options, you can still replicate them in the market. The creation of derivatives just makes it easy.
sabdow 1 year ago
@tcampbellla Derivatives are essential for hedging risks for some industries
Invirtuo 1 year ago
As good as Buffet is, I would not trust a word he is saying right now. There is no way he can be objective about bailing out banks, when he owns part of Goldman Sachs.
serjflo 3 years ago
He says nobody saw it coming. Plenty of people saw it coming. Jim Rogers saw it. Peter schiff saw it.
Buffett didn't see the tsnunami. Now, as someone else said, he's sucking off the gov't tit too. He wants to cheat the people who shorted his positions by using the gov't to bail him out. He's a huckster himself.
roddiero 3 years ago 3
He said nobody saw it coming "fully" of course people saw it coming.
Villageiddyit 3 years ago
In my opinion, no one understands economy quite as well Warren Buffet.
AnotherDude26 3 years ago
you're wrong.I understand.:d
joshuademoraes 3 years ago
the economy needs lubrication... i like the sound of that :)
redbaron48 3 years ago 3
The greatest investor in his own field, and the greatest investor period. I read his biography, some of his books on value investing and how his differed from Benjamin Graham's version of Value investing, and his is even better.
orangefan9 3 years ago 2
I also like his views on diversification and how diversification won't work for professional investors, and even amatuer investors with small amounts of knowledge
orangefan9 3 years ago 2
Warren is a briliant man. I read a few of his books. His theory and stratagies work. Most people diversify because they are unsure of thier investments! Know what you're investing in and know it well!!! Thanks for the video!
7777777rlt 3 years ago
Warren Buffet rocks!
Mary Coppin
maryssng 3 years ago
This guy should be burned at the stake
mrkvamaster 3 years ago
Warren is the great man way above all presidets especially the one in Taiwan R.O.C. now.
mia5505555055 3 years ago
Great interview. Hard-hitting questions, thoughtful responses... thanks for posting! :)
nigel106 3 years ago
legend.
bennyman5 3 years ago 3
the credit market makers and the treasury, were aware of the unsustainable market they were creating. They all knew a (huge) readjustment would be necessary. They also knew that there would be very little chance that any of the CEOs would ever be held vicariously liable for their competitive lending strategies. So...10 cents to create an accountable financial industry through a people funded class action/ inquiry or a 15% increase in tax for the next 2 decades? Get back to me.
RafaeINadal 3 years ago
How about this for people power. The government is announcing that the debt incurred will indirectly be transfered to the tax payer over the forthcoming decades at perhaps a rate or 15% increase per annum. That works out pretty expensive. On the other hand I am working out the costs of a class action suit against the Government.I would take around 10 cents from each american citizen to fund the legal costs, retain the best law firm in the country and make the bankers and the treasury accountable
RafaeINadal 3 years ago
Someone had to have seen it coming, the question is who, and why at this tactical/strategic moment in time? I smell alot of rats!
SparklestheClown 3 years ago
Warren Buffett is a value investor. He reads balance sheets for fun. He invests for the long term and isn't a momentum investor. He's a liberal and has many criticisms of the Republicans who through their greed and stupidity have caused so many problems
financial, war, citizen's health etc etc
not only in the USA but throughout the world.
Don't blame all in the party since there are some good people in the party. Blame the American voter and the silly antiquated electoral system.
ifuliki
ifuliki 3 years ago
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StinkyCheeseBalls 3 years ago
You see what good is it if a 20 story building
is burning and those that started the fire are
still going to try to re-build that same building. This is crazy.
livewireinsa 3 years ago
Well now....replacing our Treasurey Secretary
would be nice. I don't think the money planners in Washington going to help Obama either. Buffet and Obama might bring home the Turkey for next season. There's just so many people to replace now. Why with two Justices being ousted. Wash. is going to have to shape up or else "Plumber Joe" will show them.
livewireinsa 3 years ago
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I use senseless humor to deal with senseless violence. I am Unconcerned Citizen. It is nice to meet me.
UnconcernedCitizen 3 years ago
I would invest in companies Buffet invests.
One is bound to make loads in couple of months.
HeartInActionEnt 3 years ago
um buffet made a fortune by investing in those companies forever, not just a couple of months
herngtsui 3 years ago 3
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don't worry, he's a n00b
evilknievel20 3 years ago
The smartest guy in the planet (when it comes to money).
He should be running the country - too bad he doesn't want to.
rockshow21 3 years ago 5
please show the full interview of this man
aussiefirestorm 3 years ago
Where's the rest of this?
comp7878 3 years ago
full interview please charlie!
scientistwriter 3 years ago
Seriously! Full interview please!
shantanusharma22 3 years ago
"..like a great athelete .. that's had a cardiac arrest .." .. now *that* is optimism this is why Warren Buffet is one of my main men!
milkgodnl 3 years ago 4
Dirty bourgeoisie.
Onetimerule 3 years ago
I deeply respect Mr. Buffet but I don't agree at all with his assumption that there is a way to revive liquidity right now.
Liquidity is just an abbreviated way of saying: The collective confidence of investors and their willingness to risk personal capital in various markets providing funds critical to all aspects of lending in hopes of a future gain.
No willingness to risk = No liquidity.
Einstiensblackid 3 years ago
I agree with Ron Paul when he says Warren Buffet is a genius and knows how to make money in an inflationary economy, but sorry as long as there is a printing press called the Federal Reserve that is private and has no oversight, they can devaluue your dollar by printing more I do not believe we can control how much money is in circulation. The answer is sound money, we all should be able to safe and not have to invest because our currency is devaluting at such a rapid rate.
HollisQueens 3 years ago
you want to get rid of the fed and replace it with what? gold standard is impractical, why do you think we went off it in 73? The systemic risk of a metallic monetary standard is far greater than that of a fiat system. I agree the fed system may not be the most efficient means of creating a stable monetary environment but it is what we got right now and a gold standard just makes monetary policy more difficult to control.Ron Paul speaks as if banks have incentive to cause inflation.
pkenans 3 years ago
The full interview is available on google video. Buffett describes the "bailout" as being more of an investment, one that he would like to get a piece of if it were possible, and one that will likely result in the American people not only getting their $700B back, but with interest as well.
The interview went a long way towards helping me understand the situation. He does warn, however, that things aren't likely to look much better for 6 mos. to 2 yrs.
Thank you Charlie Rose!
pumamama9 3 years ago
Buffet is talking cause he likes to talk, like anyone does. And yes, this crisis was predicted, and it was only a matter of time! Now the rotten apples get weeded out.
hansxxxx666 3 years ago
Sorry, Warren Buffet is not being straight forward here. This entire thing was predicted by many economists a long time ago. When he says people have done the right things, my bet is that he is intentionally being misleading. Warren Buffet is probably one of the smartest business men ever, and I will bet he knew this was coming a long time ago as well.
magichandpuppet 3 years ago 2
what economists are you hanging out with? i don't know of any prominent economists other than roubini who were doomsaying in any real way prior to about a year ago. buffett very openly has written in his shareholder letters about the over-leveraging of america in general, and the consequences that might have for years, so i don't understand your saying he's "being misleading." that said, no one, not even buffett, predicted the exact way this has played out.
EVNYC 3 years ago
I recommend you simply type some searches into Google like 'economists predicted crisis', etc. Keep reading and searching and you will find what you seek. There were many people who voiced (for years) that this financial crisis was in the making. You can bet that Mr. Buffet knew it was coming as well.
magichandpuppet 3 years ago
yea buffet did know when he divested from fannie/freddie.
pkenans 3 years ago
I guess I failed at giving any names... you may want to start with Nouriel Roubini who predicted this a long time ago in great detail. He was not alone but was one that took heat for vocalizing what was in the making.
magichandpuppet 3 years ago
wow, that's a palin-esque answer! i asked who other than roubini, and you say roubini! look, many people warned for years about certain facets of the current crisis, but i don't know that anyone prior to 2008 tied the whole thing together and predicted that the residential real estate bubble bursting would lead to the freezing up of credit markets, collapse of 3 leading investment banks, failures of com'l banks worldwide, nationlization of fannie/freddie and aig, etc...
EVNYC 3 years ago
Ha ha... you are right. I should have read your question more carefully. And, Palin-esque is something I hope to never be called again :) But, really? All you have to do is a Little research to find a plethora of people who predicted this crisis for its true reasons. I wish I could reveal my personal source (warning me in 2004)... but, anyhow, here are some names of others who seemingly saw this coming:
John Williams
Patrict Carmack
Ron Paul
Eliot Spitzer
Al Korelin
Paul Warren
Bill Still
magichandpuppet 3 years ago
You're right. He didn't want to bailout LTCM(despite his so-called phone problem), why it's necessary this time?
glassvision 3 years ago
I think Buffet is a great man, and I think Buffet just wants the economy to get better, not only because he is vested, but because it is obviously the best thing for all of us.
ShawnTMills 3 years ago 2
buffett's talking his book---that simple
vidaesarte 3 years ago
For the 'great athlete' metaphor think OJ; A once popular great athlete now long past his prime who goes around killing and robbing people.
I find this a bit surprising coming from Buffett. I read an article he wrote a couple of years ago where he said Americans were 'selling off parts of the farm their ancestors built so they can buy flat screen TV's' (roughly). So he and many others saw the over-leveraging that was going on and were sounding the alarms.
Gugguggug 3 years ago
I think it must be very annoying to have bilions and not much time to spend it.
2leo4 3 years ago 2
Maybe life for you is about spending, but Buffets view of the world is about being the best not showing off the money, have you invested lately? Have you made any money, are you sure you will have the life to spend you money, (if you have some).
gersapa 3 years ago 2
Sorry if somehow I question your idol, yes I made some money not so much as him (or you), I know that we do not live forever and we have a limited time. My comment comes from my efforts to understand what keeps him moving. Trying to be the best? Sorry, it is too much for me.
2leo4 3 years ago
really? you haven't made as much money as warren buffet?
sixpackspy 3 years ago
i dont think so buddy. u should read smth about buffett. he was a billionaire a long time ago and one thing he has never does with his money is "spending". so i'm sure he's not worried about spending it now. not to mention he has actually given most of it away
benObenO12 3 years ago
Hmm, well, he just might outlive you!
Bingling65 3 years ago
Hey, this is not the guy who sings "Margaritaville"!
FansFiltration 3 years ago
What does he mean no one has fully seen the tsunami coming? There have been warnings for YEARS!
hanscarter 3 years ago
I love how people keep telling us how to feel and what to do, but not the real impact of the coming decisions, the possibilities, and the chain of effect from the institutions down to individuals. Maybe it's because no one knows the whole picture, they're all just trying to cover themselves and their interests.
nutherefurlong 3 years ago
Warren has a firm grasp on the mechanics of the economy. Long term investing requires knowing how to time markets. He is looking at companies that will be here long after the recession passes. Plus he knows greed in society and how to exploit that as well! Take note future billionaires...
mudfish1 3 years ago 4
HE'S just happy because he's getting all the money he lost back!!
LILUCKSMO80 3 years ago
He is not in it to make money, he is just enjoying life. Not to mention him donating his whole fortune to the Gates Foundation.
2002rune 3 years ago 5
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satan in the flesh
bertmarx 3 years ago
Warren Buffet is arguably one of the most admirable humans on the face of the planet. Not only has his expertise been wildly fruitful for himself (making him the wealthiest individual in the world), but he is the world's greatest philanthropist. Plus, he advocates changing the tax code so that HE pays more because it is, in his opinion, only fair that investment gains be taxed higher than labor gains. He's a great man, and your simplistic slander identifies you as a fool.
jeaves17 3 years ago 6
thanks for giving due credit to a great soul
alapkd 3 years ago
i can hardly imagine a human being with one million dollars.I sometimes meet people with 100k in the bank and various assets.
He has billions,he seems nice enough,he cant fix the world,the prez cant fix the world,but you want me to?You want me to save aluminum,vote and write congress.
That makes us less than ape,we ARE bacteria.Whats even better is that we are fighting the ultimate fight of good and evil.Thats weird.
creten69 3 years ago 2
Franklin Raines was ousted as CEO of Fannie Mae due to a $6.3 billion accounting scandal in 2004. Raines later became an economic adviser to Sen. Obama in his run for the presidency. The motive behind Raines' accounting scandal was to line his own pockets. Fannie Mae had built in incentives for executives. The incentives were tied to Earnings Per Share (EPS) targets. So, Raines "cooked the books" to make Fannie Mae appear that the institution was financially sound.
JamesMadison31 3 years ago
The Wall Street Scandal and mortgage crash is a result of loose lending practices pushed-through by Barney Frank. In 2003 both Bush and Treasury Secretary Snow warned congress and introduced legislation to tighten-down, or at least to have oversight on, lending practices. News reels show Democrat Barney Frank shot their proposals down.
JamesMadison31 3 years ago
Why did the federal government never need to "bail out" Berkshire, Buffet?
qtronman 3 years ago