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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (47142)3/8/2004 8:58:02 AM
From: elmatador  Respond to of 74559
 
<<what will Buffett do with his cash?>>

Stay out of the USD. USD will go down to 1.4/1.5 vs the Euro. Will decide to switch back to the USD when the time's right.

Too many uncertainties and too many risks to keep money in USD:
Economy clouded by this year's election -Numbers' make up to favor Bush, threats to protectionism, etc.

China's revaluation and how the US economy will react.

How the Europeans will react to 1.4/1.5?

you may add a dozen below...



To: TobagoJack who wrote (47142)3/8/2004 9:35:16 AM
From: John Carragher  Respond to of 74559
 
he won't give it to the stockholders.. feels they cannot handle the money as well as he can.