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To: sun-tzu who wrote (33859)3/10/2002 7:54:55 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
I am enjoying the dialogue between you and Bobcor. I hope the two of you can carry it off without it getting weird. The issues being addressed are very important.

Buffet is good. Who wants to argue that? However, he will not see every twist in the road. Bobcor believes, as do I, that we are probably facing 6-12 more years of bear market where we will eventually see the Dow print under 4,000. If one believes that, and invests with the idea of selling and holding for such a long period of time, then every rise is a shorting opportunity.

Although I am determined to extend the timeframes I trade, I am still more of a trader (vs investor) than Bobcor, so I try my best to bite-out pieces of the swings.



To: sun-tzu who wrote (33859)3/10/2002 12:12:41 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 209892
 
<<He doesn't own gold, yen, euros, foreign bonds>>

Actually, Buffett owns a $hitload of silver bullion. It ain't gold, but it's aligned with gold. It's hard to say what his FOREX holdings might be, 'cause they would probably be deeply imbedded in General Re's holdings, and not subject to disclosure. Probably safe to say he has quite a bit of holdings there, given General Re's worldwide book of business.