Comments on: Quote of the Day: GS & WMT http://www.ritholtz.com/blog/2007/11/quote-of-the-day-gs-wmt/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Thu, 18 Mar 2010 14:51:25 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: DC http://www.ritholtz.com/blog/2007/11/quote-of-the-day-gs-wmt/comment-page-2/#comment-48284 DC Sat, 17 Nov 2007 12:27:18 +0000 http://thebigpicture.dev.wilder.ca/blog/2007/11/14/quote-of-the-day-gs-wmt/#comment-48284 Brian B, where is your homepage link? I want to read your full bio. If you don't post it, you are an intellectual fraud. Brian B, where is your homepage link? I want to read your full bio. If you don’t post it, you are an intellectual fraud.

]]> By: Glen Tomkins http://www.ritholtz.com/blog/2007/11/quote-of-the-day-gs-wmt/comment-page-2/#comment-48283 Glen Tomkins Fri, 16 Nov 2007 02:29:03 +0000 http://thebigpicture.dev.wilder.ca/blog/2007/11/14/quote-of-the-day-gs-wmt/#comment-48283 It ain't over 'til all Four Horsemen have sung I've got to go with Blankfein on this one. I don't see Plague on King's glass-9/10-empty list of what's going wrong that he thinks should trigger something less than the current buying frenzy. I'm not selling until I see some massive pandemic join the other three Horsemen. It ain’t over ’til all Four Horsemen have sung

I’ve got to go with Blankfein on this one. I don’t see Plague on King’s glass-9/10-empty list of what’s going wrong that he thinks should trigger something less than the current buying frenzy. I’m not selling until I see some massive pandemic join the other three Horsemen.

]]> By: Tate http://www.ritholtz.com/blog/2007/11/quote-of-the-day-gs-wmt/comment-page-2/#comment-48282 Tate Fri, 16 Nov 2007 01:19:13 +0000 http://thebigpicture.dev.wilder.ca/blog/2007/11/14/quote-of-the-day-gs-wmt/#comment-48282 maybe i'm missing something but since when does an increase in sales equate to price inflation? maybe i’m missing something but since when does an increase in sales equate to price inflation?

]]> By: Brian B. http://www.ritholtz.com/blog/2007/11/quote-of-the-day-gs-wmt/comment-page-1/#comment-48281 Brian B. Thu, 15 Nov 2007 23:43:26 +0000 http://thebigpicture.dev.wilder.ca/blog/2007/11/14/quote-of-the-day-gs-wmt/#comment-48281 yep... just like you hiding behind intials and refuse to give any of your life history or experiences.. easy to complain when you live in isolation... what you just dont seem to understand is that the government wastes HUGE amounts of money on any program they start,,, and no matter how poor I am or how rich Buffet is, I just dont know how you think its fair for the government to take from him and give to me? This is a great country that no matter who you are if you apply yourself and work hard you can make it... is it always fair? hell no!!! but thats life... get used to it... yep…

just like you hiding behind intials and refuse to give any of your life history or experiences.. easy to complain when you live in isolation… what you just dont seem to understand is that the government wastes HUGE amounts of money on any program they start,,, and no matter how poor I am or how rich Buffet is, I just dont know how you think its fair for the government to take from him and give to me? This is a great country that no matter who you are if you apply yourself and work hard you can make it… is it always fair? hell no!!! but thats life… get used to it…

]]> By: VJ http://www.ritholtz.com/blog/2007/11/quote-of-the-day-gs-wmt/comment-page-1/#comment-48280 VJ Thu, 15 Nov 2007 22:54:07 +0000 http://thebigpicture.dev.wilder.ca/blog/2007/11/14/quote-of-the-day-gs-wmt/#comment-48280 How juvenile. . How juvenile.
.

]]> By: Brian B. http://www.ritholtz.com/blog/2007/11/quote-of-the-day-gs-wmt/comment-page-1/#comment-48279 Brian B. Thu, 15 Nov 2007 22:28:22 +0000 http://thebigpicture.dev.wilder.ca/blog/2007/11/14/quote-of-the-day-gs-wmt/#comment-48279 V.J. exactly what I said income redistribution... ooohh, I see what you mean V.J. ... take from me to give to you because you live in an apartment and cant make a living by yourself... ok, sorry you are right I didnt read that part... V.J. exactly what I said income redistribution… ooohh, I see what you mean V.J. … take from me to give to you because you live in an apartment and cant make a living by yourself… ok, sorry you are right I didnt read that part…

]]> By: The Dirty Mac http://www.ritholtz.com/blog/2007/11/quote-of-the-day-gs-wmt/comment-page-1/#comment-48278 The Dirty Mac Thu, 15 Nov 2007 12:42:25 +0000 http://thebigpicture.dev.wilder.ca/blog/2007/11/14/quote-of-the-day-gs-wmt/#comment-48278 "selfless people" But is not Berkshire Hathaway in the life insurance business? And don't many (or most) wealthy people use life insurance products to cover their estate tax liabilities or otherwise transfer wealth? “selfless people”

But is not Berkshire Hathaway in the life insurance business? And don’t many (or most) wealthy people use life insurance products to cover their estate tax liabilities or otherwise transfer wealth?

]]> By: The Dirty Mac http://www.ritholtz.com/blog/2007/11/quote-of-the-day-gs-wmt/comment-page-1/#comment-48277 The Dirty Mac Thu, 15 Nov 2007 11:34:24 +0000 http://thebigpicture.dev.wilder.ca/blog/2007/11/14/quote-of-the-day-gs-wmt/#comment-48277 "Without redistribution, u get plutocracy, with the wealthy generally promoting their interests further." We have legislation designed to make sure that the plutocrats pay their fair share. Its called the Alternative Minimum Tax. “Without redistribution, u get plutocracy, with the wealthy generally promoting their interests further.”

We have legislation designed to make sure that the plutocrats pay their fair share. Its called the Alternative Minimum Tax.

]]> By: wunsacon http://www.ritholtz.com/blog/2007/11/quote-of-the-day-gs-wmt/comment-page-1/#comment-48276 wunsacon Thu, 15 Nov 2007 07:05:50 +0000 http://thebigpicture.dev.wilder.ca/blog/2007/11/14/quote-of-the-day-gs-wmt/#comment-48276 >> Maybe the low income Americans wouldn't be low income Americans if not exploited by Buffet and his ilk. >> Posted by: The Dirty Mac | Nov 14, 2007 8:47:39 PM But, he's playing by the rules, like everyone else. Just, he understands how the system naturally favors increasing concentration of wealth. Without redistribution, u get plutocracy, with the wealthy generally promoting their interests further. U get some selfless people like Buffett and what happens?? Folks like Dirty Mac decide to use Buffett's success as an ad hominem attack!! WHEN, Dirty Mac, do you attack people-pro-whatever-u-support based on their *success*? >> If Buffet wants to redistribute income more, he can pay my income taxes too. >> Posted by: Snarky | Nov 14, 2007 8:15:19 PM That's exactly what he's saying. Only, he should not be forced to do it alone, without alot of other rich people contributing more as well. ... VJ is correct. A few of you need to read some more, probably from "source" rather than paraphrased thru whatever noise filter you're getting your info from. >> Maybe the low income Americans wouldn’t be low income Americans if not exploited by Buffet and his ilk.

>> Posted by: The Dirty Mac | Nov 14, 2007 8:47:39 PM

But, he’s playing by the rules, like everyone else. Just, he understands how the system naturally favors increasing concentration of wealth. Without redistribution, u get plutocracy, with the wealthy generally promoting their interests further. U get some selfless people like Buffett and what happens?? Folks like Dirty Mac decide to use Buffett’s success as an ad hominem attack!! WHEN, Dirty Mac, do you attack people-pro-whatever-u-support based on their *success*?

>> If Buffet wants to redistribute income more, he can pay my income taxes too.
>> Posted by: Snarky | Nov 14, 2007 8:15:19 PM

That’s exactly what he’s saying. Only, he should not be forced to do it alone, without alot of other rich people contributing more as well.

…

VJ is correct. A few of you need to read some more, probably from “source” rather than paraphrased thru whatever noise filter you’re getting your info from.

]]> By: Francois Theberge http://www.ritholtz.com/blog/2007/11/quote-of-the-day-gs-wmt/comment-page-1/#comment-48275 Francois Theberge Thu, 15 Nov 2007 07:00:25 +0000 http://thebigpicture.dev.wilder.ca/blog/2007/11/14/quote-of-the-day-gs-wmt/#comment-48275 All this hoola boola about WM earnings and the boost it is supposed to have given to the market is troublesome. When WM does well while specialty retailers are doing lousy means only one thing: WM is a recession stock. Hardly the stuff of celebration and partying a gogo. Francois All this hoola boola about WM earnings and the boost it is supposed to have given to the market is troublesome. When WM does well while specialty retailers are doing lousy means only one thing: WM is a recession stock.

Hardly the stuff of celebration and partying a gogo.

Francois

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