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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: MrGreenJeans who wrote (23140)5/2/2005 3:48:44 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 95541
 
Re: Can anyone tell me the last time Buffett was bullish on the equity markets? I cannot remember...at least in my lifetime.

I cannot recall him ever saying equities were a screaming buy....or even a buy for that matter. It is not in his interest to do so if he is putting large amounts of capital to work, and yet he comes off as giving you his shonest opinion of the markets.



To: MrGreenJeans who wrote (23140)5/2/2005 9:28:27 PM
From: Kirk ©  Respond to of 95541
 
"Can anyone tell me the last time Buffett was bullish on the equity markets? I cannot remember...at least in my lifetime."

Exactly! Would a horse trader with $43B to buy horses tell you your horses were fairly priced or even under valued?

Also, he lost about $1B (more or less...) on 9/11 since his company had the policy to rebuild the towers... He went out and started to talk up the threat of terrorism, raised rates and got all the other building owners to add terrorist insurance to pay for his 9/11 losses. I didn't see him as much of a patriot scaring people and probably talking the markets down even more in the process... but he is a smart guy and made his losses back quickly.