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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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From: EQ 11/19/2008 9:24:00 AM
2 Recommendations  Read Replies (2) of 42834
 
GREAT article on Warren. Brinkers mistakes pale in comparison:

Two quotes from article:
Buffett's Berkshire Hathaway (NYSE: BRK-A - News) has dropped from $151,650/share to $97,850/share erasing over 30% or $88 billion in shareholder's wealth. While even the Oracle Of Omaha is trusting in the bailout to fix his stakes in the economy, the ETF Profit Strategy Newsletter already explained on the very same day the bailout was approved by congress, why it will fail.

When Warren Buffett buys, he looks decades ahead. 'I don't like to opine on the stock market, and again I emphasize that I have no idea what the market will do in the short term', he says. If Mr. Buffett loses half his money, he can still afford to live like a billionaire, we can't.


biz.yahoo.com

Cheerio!

Elan
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