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Re: wilma6311 post# 311248

Tuesday, 11/25/2014 1:39:43 AM

Tuesday, November 25, 2014 1:39:43 AM

Post# of 326357
Wilma,

Has Buffett sold any of those shares since they tumbled? While I do not question the size of the loss, I do question his reason for remaining put. IMSO, Warren Buffet knows better than you or I, therefore, he may be aware of something we are unaware of, or he may have other reasons (of which there could be many). Perhaps a head cold wink

You choose the knee-jerk path of branding him based upon what may prove to be a short term sell off which rebounds quicker than expected. I might suggest revisiting your statement in 12 to 18 months. Warren Buffet is neither a day trader nor a fool, and obviously not perfect pr he'd have sold high and bought low...or...did he short???

JMO smile

Best,
BC