Comments on: Markets Ready to Serve Up Buffett-Style Values

By: usphoenix

usphoenix — Thu, 05 Mar 2009 02:35:35 +0000

Kind of OT, but not really. How is the market responding to BO’s notion of reforming government contracting. Is this a distraction from earmarks? God knows government contracting is a mess. A Whore’s bed.

What ever happened to the dept head (GSA?, or GAO?) that recently resigned in disgust?

Why isn’t he on BO’s team? Not a team player? I think the markets are still struggling to read BO, as we all are. He can pontificate all he wants and spend more. Where exactly does efficiency and lack of corruption start showing up?

By: Lunch Meat

Lunch Meat — Wed, 04 Mar 2009 08:02:32 +0000

I'll tell you this, every time I think about those bailout bums , WB looks more and more like a freakin' saint.

By: ben22

ben22 — Wed, 04 Mar 2009 03:24:08 +0000

jack,

this was good. I came to many of the same conclusions after I read the letter, heard the media, then read it again.

By: Bruce N Tennessee

Bruce N Tennessee — Tue, 03 Mar 2009 20:40:16 +0000

Jack:

Your letter almost reads like hero worship of Uncle Warren.

Hmmm…what if he’s lost his crystal ball..the man is 78 and BRKA is down about the same as the market..

I think I agree with Lefty…

By: leftback

leftback — Tue, 03 Mar 2009 16:36:55 +0000

Jack, maybe when Warren said “Buy American” then he was buying 2-year and 5-year Treasuries like I was…?
I wouldn’t be surprised if ol’ WB was nibbling on a few equities yesterday afternoon, chuckling as he did so.

Looks like you got your 6-handle. We will not see a significant rally until employment stops deteriorating.