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View Full Version : Buffett Warns of 'Onslaught of Inflation'



bobbyw24
03-02-2009, 12:16 PM
http://seekingalpha.com/article/123538-oracle-of-omaha-warns-of-onslaught-of-inflation?source=feed
Truth Warrior
03-02-2009, 12:27 PM
Another WISE article from Warren. ;)

Thanks! :)
hugolp
03-02-2009, 12:29 PM
Last week it was Paul Crookman critizacing Obama and jumping out of the boat. Now Warren Buffett. I dont know if I want to know what they are seeing.

Hugo
jy006m
03-02-2009, 12:37 PM
I still don't think they're printing enough money. My gold/silver is still not going up.
Epic
03-02-2009, 12:40 PM
Buffet's a crazy guy

Warns about derivatives while investing hugely in them and taking big mark-to-market losses

"Mr. Buffett also warned that the greater reliance on government aid was likely to lead to unwelcome and lasting consequences for the wider economy"

Well then why did he support Obama then?
Truth Warrior
03-02-2009, 12:47 PM
Buffet's a crazy guy

Warns about derivatives while investing hugely in them and taking big mark-to-market losses

"Mr. Buffett also warned that the greater reliance on government aid was likely to lead to unwelcome and lasting consequences for the wider economy"

Well then why did he support Obama then? Because he's a liberal Democrat. And one the several "liberal" BILLIONAIRES. Nobody is perfect.

That said, in the investment arena, I'd NEVER bet against him. ;)
tmosley
03-02-2009, 01:31 PM
Because he's a liberal Democrat. And one the several "liberal" BILLIONAIRES. Nobody is perfect.

That said, in the investment arena, I'd NEVER bet against him. ;)

You'd have made a bundle this year if you had. Until he gets some sense knocked back into him, he'll lose money hand over fist (absent government intervention in his favor).
Truth Warrior
03-02-2009, 01:52 PM
You'd have made a bundle this year if you had. Until he gets some sense knocked back into him, he'll lose money hand over fist (absent government intervention in his favor). I began to follow Warren back when BRKA was about $800 per share, thinking I'd just pick a few shares, when it finally fell back to Earth. :D I've learned a LOT about him since then. ;)

What is the per share price today?

http://www.berkshirehathaway.com/ (http://www.berkshirehathaway.com/)