nejar462
11-08-2011, 08:53 AM
I've always been perplexed as to why a man sired by Howard Graham Buffett and with the amount of business and investment knowledge as Warren Buffett would be crazy enough to believe in ludicrous socialist polices and support them so openly. I've always felt he might be being secretly bullied by the less than scrupulous powers that be to withhold his true opinions, which would probably fall in line more with the Ron Paul/Howard Buffett philosophy than what he is saying publicly.
Nevertheless, this move seems to be prudent, he is liquidating his treasury holdings and getting into industrial and commercial enterprises, which I think will be better situated to survive the upcoming dollar collapse than financial and consumer products. While Buffett has basically called inflation the only sure thing for the next upcoming years, this big move seems to indicate he thinks there will be a dollar collapse relatively soon, as he is ditching treasuries and jumping into industrials. If he thought simply stocks would move up, I'd think he'd move from treasuries into financial and consumer products, as those are more along the lines of his past investments. He still has 50 billion in cash, but has a similar amount in debt, balancing it out. He also made these purchases without revealing what they are in SEC filings, ostensibly to prevent copy cat investing but I think he might actually be trying to hide the fact he sees whats coming up, and its not pretty.
Nevertheless, this move seems to be prudent, he is liquidating his treasury holdings and getting into industrial and commercial enterprises, which I think will be better situated to survive the upcoming dollar collapse than financial and consumer products. While Buffett has basically called inflation the only sure thing for the next upcoming years, this big move seems to indicate he thinks there will be a dollar collapse relatively soon, as he is ditching treasuries and jumping into industrials. If he thought simply stocks would move up, I'd think he'd move from treasuries into financial and consumer products, as those are more along the lines of his past investments. He still has 50 billion in cash, but has a similar amount in debt, balancing it out. He also made these purchases without revealing what they are in SEC filings, ostensibly to prevent copy cat investing but I think he might actually be trying to hide the fact he sees whats coming up, and its not pretty.