Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (2412)	3/16/2001 8:55:38 PM
From: bambs	Read Replies (1) of 74559

buffet is fantastic....but BRKa will likely be cut in half with everything else...it's up nearly 800% for the decade. 400% will still be an incredible return. It actually could be worse...exposer to banks and insurance companies are his weakness...he likes the banks and insurance companies and i think even here under estimates the extent of loan defaults that will be coming...perhaps he expects as I do that the fed will have to lower rates down to nothing. who knows...its a strange time. i noticed that he dumped out of fannie may and freddie mack...likely just in time. Go Buffet. finance.yahoo.com Bambs

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