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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (1567)5/14/2006 1:02:12 PM
From: Amelia Carhartt  Read Replies (3) | Respond to of 50328
 
I think Buffett missed the silver run all together.....http://www.resourceinvestor.com/pebble.asp?relid=19497



To: SliderOnTheBlack who wrote (1567)5/14/2006 9:42:06 PM
From: SOROS  Read Replies (1) | Respond to of 50328
 
You know, Buffet was TOTALLY off on the bet against technology from about 1995 through early 2000. He was technically correct, but so early that his performance stunk, and he missed making his stock go up perhaps a gillion times. While true, he made the lost portion up after 2000 while the tech bulls who refused to bail as it began to crumble lost a lot, he basically marked time for many years because he was SOOOOOOO early on his correct read that much of technology was a bubble. Point being, I assume you do not buy the belief that Greenspan and much of the gov't for the past many years have printed so much paper currency and delayed the inevitable punishment by not wanting to be the one in charge for any downturn that we will see a gold price and a Dow price come a lot closer together in price than most believe? If so, then Buffet could be WAY early again and suffer a few years like mid-late 1990s so he sets himself up for having to over over perform say from 2010-2013 to MAKE UP for this mistake? Just a thought.

I remain,

SOROS



To: SliderOnTheBlack who wrote (1567)5/15/2006 3:32:02 AM
From: Len Tinman  Read Replies (2) | Respond to of 50328
 
Slider:

Where did you read that Buffet sold his entire silver stake. I understood that he very well might have set it aside as the foundation for SLV - the silver ETF.

Len



To: SliderOnTheBlack who wrote (1567)5/15/2006 9:54:20 AM
From: SOROS  Respond to of 50328
 
I sometimes think people are not listening to Buffet or Slider but listening to me and running quickly to do the opposite! Does anyone else ever have that feeling?

I remain,

SOROS