Comments on: WSJ: Buffett Still Has the Midas Touch http://www.ritholtz.com/blog/2009/12/wsj-buffett-still-has-the-midas-touch/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 21:03:30 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: bruerr http://www.ritholtz.com/blog/2009/12/wsj-buffett-still-has-the-midas-touch/comment-page-1/#comment-242372 bruerr Thu, 17 Dec 2009 05:31:56 +0000 http://www.ritholtz.com/blog/?p=46195#comment-242372 Goldman And Buffett To Small Businesses: We're Here To Help! http://www.businessinsider.com/goldman-and-buffet-to-small-businesses-were-here-to-help-2009-11 You know, Goldman Sachs, Inc, *shakes head* everything they touch they contaminate. Now they are trying to draw down on their relationship with Warren Buffet to give them credibility or notoriety. Its like the person (Goldman Sachs, Inc) who marries a beautiful woman (Warren Buffet) so they can have a trophy wife. The only thing they are doing is ruining Buffet's reputation. Mr. Buffet, has said good things about the company, about making HIM money, but about their bad deeds and abusing trust in American, he is silent. (Like a good trophy wife.) . Goldman And Buffett To Small Businesses: We’re Here To Help!
http://www.businessinsider.com/goldman-and-buffet-to-small-businesses-were-here-to-help-2009-11

You know, Goldman Sachs, Inc, *shakes head* everything they touch they contaminate. Now they are trying to draw down on their relationship with Warren Buffet to give them credibility or notoriety. Its like the person (Goldman Sachs, Inc) who marries a beautiful woman (Warren Buffet) so they can have a trophy wife.

The only thing they are doing is ruining Buffet’s reputation. Mr. Buffet, has said good things about the company, about making HIM money, but about their bad deeds and abusing trust in American, he is silent. (Like a good trophy wife.)

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]]> By: bruerr http://www.ritholtz.com/blog/2009/12/wsj-buffett-still-has-the-midas-touch/comment-page-1/#comment-242370 bruerr Thu, 17 Dec 2009 05:28:42 +0000 http://www.ritholtz.com/blog/?p=46195#comment-242370 Maynard, to answer your question yes. On one hand Buffet appears to be managed like "an asset" of the de facto bailout schutzstaffel squadron. On course to selling their next mission critical program through GE's media outlet: Operation "Jobless" Recovery... On the other hand, Goldman Sachs, Inc keeps peddling Warren Buffet out in front and when they get people focused on his trading acumen or success from small beginnings, they do a dirty deed, like stick a dagger into a competitor firm, make a change in material accounting methods, or violate the laws of the United States, by changing their corporate structure. @ legal references: http://www.ritholtz.com/blog/2009/12/wsj-goldman-fueled-aig-gambles/comment-page-2/#comment-241364 . Maynard, to answer your question yes. On one hand Buffet appears to be managed like “an asset” of the de facto bailout schutzstaffel squadron. On course to selling their next mission critical program through GE’s media outlet: Operation “Jobless” Recovery…

On the other hand, Goldman Sachs, Inc keeps peddling Warren Buffet out in front and when they get people focused on his trading acumen or success from small beginnings, they do a dirty deed, like stick a dagger into a competitor firm, make a change in material accounting methods, or violate the laws of the United States, by changing their corporate structure.

@ legal references:
http://www.ritholtz.com/blog/2009/12/wsj-goldman-fueled-aig-gambles/comment-page-2/#comment-241364

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]]> By: maynardGkeynes http://www.ritholtz.com/blog/2009/12/wsj-buffett-still-has-the-midas-touch/comment-page-1/#comment-241904 maynardGkeynes Tue, 15 Dec 2009 13:47:40 +0000 http://www.ritholtz.com/blog/?p=46195#comment-241904 Does anyone suspect that Buffett was not merely a clever investor here, but more of a de facto member of the bailout team, with a considerable amount of reassurance, tacit or explicit, from Geithner and Paulsen, that his investments would not go south? It's hard to see what else would have provided the legendary Buffet "moat." I'd suggest that this type of moat is more about cronyism than brilliant investing. Does anyone suspect that Buffett was not merely a clever investor here, but more of a de facto member of the bailout team, with a considerable amount of reassurance, tacit or explicit, from Geithner and Paulsen, that his investments would not go south? It’s hard to see what else would have provided the legendary Buffet “moat.” I’d suggest that this type of moat is more about cronyism than brilliant investing.

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