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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (33801)3/14/2009 2:26:58 PM
From: bmillermn1 Recommendation  Respond to of 78958
 
1. He won't live forever. 2. He once WAS great. 3. Everything he's bought in the last 3 years is deep underwater.

USG was the worst Warren pick I have ever seen.



To: Madharry who wrote (33801)3/16/2009 1:55:18 PM
From: MCsweet  Read Replies (1) | Respond to of 78958
 
Madharry,

I didn't read the report, but Berkshire did sell that big naked put prior to huge market drop. Berkshire has plenty of time for it to work out, but that future potential liability can't be good for the credit rating. And maybe WEB should have heeded his own advice on derivatives.

MC


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