Portfolio talks Buffet on CNBC 06.15.11 Buffet

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Uploaded by on Jun 15, 2011

Lee talks about how Buffet still calls in rich. The question came up if Buffet lost his touch by selling Moody's too soon. Lee quickly points out the money was used to buy two other stocks that more than doubled the performance. Opposite of a senior moment, Buffet hopped on a faster horse. More important, credit ratings firms sell a rubber stamp a day late and a dollar short.

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