Billionaire investor Warren Buffett compared the U.S. Federal Reserve to a hedge fund because of the central bank’s ability to profit from bond purchases while accumulating a balance sheet of more than $3 trillion.

Buffett: Fed Is Greatest Hedge Fund in History

19 Sep 2013

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Buffett: Bernanke Is Right, But Inequality Worsens

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James Bullard, St. Louis Federal Reserve Bank President, explains the logic behind the Fed’s decision not to taper in September. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”

Bullard: Dismayed at Fed Decision Market Surprise

Category: Federal Reserve, Hedge Funds, Video

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2 Responses to “Buffett: Federal Reserve Is Greatest Hedge Fund in History”

  1. george lomost says:

    So Bullard and the Fed gang are dismayed at market reaction to the decision to not taper? Will someone whisper in their ear that market participants are in the business of trying to adjust their portfolios in anticipation of Fed moves not after-the-fact reactions?

    Interesting the way the embedded videos work: I play one and when it’s done it starts playing another segment. Each segment is preceded by an ad and you can’t stop the ad except by closing the whole tab!?

  2. wally says:

    Interesting that the Fed’s position is a “surprise”.
    Those guys should put Calculated Risk on their reading list; they might learn something about fact-based decisions.