Tag Archives: Buffett

Buffaholics lap it up here

Posted on 13. Jul, 2012 by .

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Buffaholics like me, lap it up.  The full Becky Liu interview with Warren at  Sun Valley

The two most important charts in the world right now

Posted on 18. Jun, 2012 by .

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Spanish Government 10 yr. Bond  

Italian Government 10 yr. Bond

Watch these two yields on Bloomberg. If they blow out, you can expect stocks to come down, the dollar to rise, oil goes down, and financial contagion spreads.  It’s as simple as that.  Why Spain and Italy matter so much to the world is just another example of how global financial systems are too complexly intertwined Soros and Buffet are both right; credit default swaps should be banned.  That would be one easy step for governments to do to begin to surgically repair the circulation back to the banking system.

Warren Buffett calls Tea Party Insane

Posted on 16. Aug, 2011 by .

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Charlie Rose – Warren Buffett.

 

As always Buffett is illuminating and comforting.  He is the nation’s economic compass and a person we can consider a  genuine national treasure if there ever was one.   In this great interview with Charlie Rose he likens the budget debate as a game of chicken with two cars lined up heading  toward one another.  Both parties think the other will turn away before mutual self destruction except suddenly one party throw the steering wheel out the window.  Suddenly the other driver realizes he is dealing with an insane person, aka the Tea Party.

Buffett would rate U.S. ‘quadruple-A’

Posted on 07. Aug, 2011 by .

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Read this comment from Warren Buffett about the S&P downgrade.  There is no question in his mind that the U.S. debts are money good because the U.S can print money.  He goes on to say that inflation is an entirely different matter.  People that understand Buffett’s thinking, know that he believes stocks are the ultimate protection from the ravages of inflation on purchasing power.  You can be sure that Buffett will be buying, selectively of course, if the market plunges on Monday.

 

Buffett would rate U.S. ‘quadruple-A’

Published: Aug. 6, 2011 at 9:20 AM

Warren Buffett, Chairman & CEO of Berkshire Hathaway, attends the 2010 Fortune Most Powerful Women Summit, on Tuesday, October 5, 2010, in Washington, DC. UPI/Leslie E. Kossoff/Pool

 

OMAHA, Aug. 6 (UPI) — Standard and Poor’s downgrade of the United States’ triple-A credit rating makes no sense, said billionaire Warren Buffett.

“I don’t get it,” Buffett told Fox Business late Friday night. “It doesn’t make sense.”

Buffett, chairman and chief executive officer of Berkshire Hathaway, a conglomerate holding company based in Omaha, said, “In Omaha, the U.S. is still triple A. In fact, if there were a quadruple-A rating, I’d give the U.S. that.”

via Buffett would rate U.S. ‘quadruple-A’ – UPI.com.

As Warren Buffett’s Alpha Goes Down, The Value of A Lunch With Him Goes Up

Posted on 08. Jun, 2011 by .

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As Warren Buffett’s Alpha Goes Down, The Value of A Lunch With Him Goes Up

By Insider Monkey

Warren Buffett is one of the best investors of the past 60 years- probably the best (I haven’t made up my mind whether Jim Simons, who started investing at a late age, is better than he is). His track record for the first 50 years of his investment career is absolutely amazing. Unfortunately, for the past 5-10 years his alpha went down to zero from around 10-12 percent per year. We calculated Warren Buffett’s alpha for 5 and 10 year rolling periods using Carhart’s four factor model. Carhart’s model tries to dissect returns into four compartments: market return, size effect, value effect, and momentum effect. Whatever isn’t accounted for by these four factors shows Warren Buffett’s alpha. Carhart’s model correctly shows alphas of nearly 20% per year in the late 70′s and early 80′s, and 10+% in the 90′s. However, Warren Buffett’s alpha started to decline below 10% in the mid-90′s and pretty much went down to zero for the past 5-10 years. Read the rest of this entry »

19 Famous Quotes From Great Investors That You Can Still Rely On Today

Posted on 24. May, 2011 by .

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By Kirk Du Plessis

I love reading trading books and learning from some of the great investors and traders. My personal preference is to learn from the “Old Guys” like Livermore, Buffett, Lynch and Graham. These guys laid the foundation for modern investing. They didn’t trade on technicals and always offer great insight.

Here are 19 great quotes. Add your favorite quote via the Facebook Comments!

“The first rule is not to lose. The second rule is not to forget the first rule.”

“If past history was all there was to the game, the richest people would be librarians.”

“Risk comes from not knowing what you’re doing.”

“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”

“Buy on fear, sell on greed.”

“Amateurs want to be right. Professionals want to make money.”

“If you want to have a better performance than the crowd, you must do things differently from the crowd.”

“The four most dangerous words in investing are ‘This time it’s different’.”

“If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.”

“Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.”

“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”

“In the business world, the rearview mirror is always clearer than the windshield.”

“Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.”

“The financial markets generally are unpredictable. So that one has to have different scenarios. The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.”

“Go for a business that any idiot can run – because sooner or later, any idiot probably is going to run it.”

“In this business if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.”

“Wall Street people learn nothing and forget everything.”

“Time is your friend; impulse is your enemy.”

“What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower.”

By Kirk Du Plessis

Weekend Reading Links

Posted on 27. Mar, 2011 by .

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The weekend is always a great time to catch up on some of the week’s reading you missed…