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Even Buffett Can't Escape Markets, Storms; Berkshire Profit Falls 77%

National News • November 10, 2008
Warren Buffett's Berkshire Hathaway Inc. said Friday third-quarter profit fell 77 percent, the fourth straight quarterly decline, hurt by weaker results from insurance underwriting and a big loss ...

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Subject: Supporter

Posted On: November 10, 2008, 1:56 pm CST
Posted By: bill
Comment:
Warren had his day, The days of Benjiman Graham, Robert Fisher- value investing for the long haul have their validity, but I will not be taking Warrens advice after his support for Obama.

1929 we had a stock crash, we went into a deep recession. (Thats right a recession not a depression) We would have recovered had it not been for the 1933 Tax increases on the wealthy and government protectionist policies put in place in 1933. Obama is planing on doing just that as a solution. The last time we were facing this same thing we went into a depression. Unemployment 24.9% 1934.

No thanks Warren Buffet for your endorsement of Obama. Wrong tax & export/import policies.
Subject Posted By Posted On
RE: RE: Dum Dum & Doug Agent from Arizona
Nov 17, 2008, 11:29 am
RE: RE: Dum Dum & Doug Art
Nov 11, 2008, 1:57 pm
RE: Dum Dum & Doug Bill
Nov 11, 2008, 1:51 pm
RE: RE: RE: RE: RE: Supporter Stat Guy
Nov 11, 2008, 11:03 am
Republicans - A small minority that is shrinking for good. Doug
Nov 11, 2008, 10:58 am
RE: RE: RE: RE: Supporter Reagan
Nov 11, 2008, 7:18 am
RE: RE: RE: Supporter Stat Guy
Nov 11, 2008, 7:11 am
RE: Should have seen this one coming! Stat Guy
Nov 11, 2008, 7:07 am
RE: RE: Supporter Anon
Nov 10, 2008, 3:58 pm
RE: Supporter dum dum
Nov 10, 2008, 2:52 pm
Supporter bill
Nov 10, 2008, 1:56 pm
RE: RE: Should have seen this one coming! Supporter
Nov 10, 2008, 1:37 pm
RE: Should have seen this one coming! bart
Nov 10, 2008, 1:27 pm
Should have seen this one coming! Bill
Nov 10, 2008, 12:40 pm
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