Buffett says US Dollar Not the Best to own right now.

[lx43]

http://www.cnbc.com/id/21435354?__so...*blog*&par=RSS


The worlds greatest investor must agree with RP that the dollar will continually to weaken. Atleast thats my take from his comment.

lol We should get a Buffett and Paul press conference al a the educating Rudy press conference to explain how the fed weakens the dollars.

[Jordan]

Buffett should endorse RP for prez but he wont. Buffett really likes social programs.

[lx43]

yeah I know it would be awesome if he did. What confuses me is his father was a congressman with a libertarian lean.

[Dartan]

wow, good thing I don't have any.

[Cyclone177]

Yes and he gave the maximum to both Hillary and Obama. And his charities support Planned Parenthood and other nefarious orgs. I live in Omaha and used to like Buffett. But not anymore. He is a genius though.

[OptionsTrader]

http://www.cnbc.com/id/21435354?__so...*blog*&par=RSS


The worlds greatest investor must agree with RP that the dollar will continually to weaken. Atleast thats my take from his comment.

lol We should get a Buffett and Paul press conference al a the educating Rudy press conference to explain how the fed weakens the dollars.

Not that I disagree in this case, i don't, but Buffett has made some incredibly bad Forex trades. He is much better at equity investments.

[lx43]

You could always go to his house and hand him a slim jim.

[Jordan]

Not that I disagree in this case, i don't, but Buffett has made some incredibly bad Forex trades. He is much better at equity investments.

I dont know, his positions antidollar are paying off huge. He hit the silver maket right on the nail as well.

But you're right, his equity positions return far more than his FX positions. I really think he only takes those positions because his company has too much liquid.

[Proemio]

Buffett should endorse RP for prez but he wont. Buffett really likes social programs.

LOL. A flunky of the biggest shareholder of the Federal Reserve (Corporation) endorsing Dr. Paul - that would be funny...

[OptionsTrader]

I dont know, his positions antidollar are paying off huge. He hit the silver maket right on the nail as well.

But you're right, his equity positions return far more than his FX positions. I really think he only takes those positions because his company has too much liquid.

Historically he has a relatively bad forex record is all I am saying, relative to BRK's stock investments. In 2005 he lost ~ $1 B on a short bet on the USD. BRK makes great calls on buying up undervalued companies, that's always been his strong suit is all I am saying.