CNBC: "End" of Warren Buffett

#1
Just days after renewing his public criticism of Warren Buffett's current investment strategy and situation, the well-known short seller Doug Kass is out with a very bearish outlook for Berkshire Hathaway shares.

And this time he's not just making a short-term prediction as he did last year when he bet against Berkshire's stock for several months and then covered that bet at a profit.

Today on TheStreet.com, Kass asks, "Is This the End of Warren Buffett?"

Based on reported Berkshire holdings as of September 30, and the stock moves since then, Kass estimates:

Wells Fargo: $6.3 billion lost on 290 million shares

American Express: $2.9 billion lost on 151 million shares

Coca-Cola: $2.1 billion lost on 200 million shares

Burlington Northern Santa Fe: $1.8 billion lost on 63 million shares

ConocoPhillips: $1.5 billion lost on 60 million shares

U.S. Bancorp: $1.5 billion on 73 million shares

http://www.cnbc.com/id/28877530
 
#3
Short Sellers are responsible for majority of stock crashes.

If the well-known short seller "Doug Kass" is saying "End of Warren Buffett", there has to be good meaning behind it.

Maybe the stocks in Warren Buffett's investment portfolio are going to crash.
 

sudoku1

Well-Known Member
#4
According to Dr. Marc Faber, S&P 500 is heading towards 100-levels. So DOW Jones will also reach 2000-levels because of $60 Trillion to $100 Trillion Loss to the world economy.
Success is not all about Achievement but ..........its the circumstances in which u have achieved it........;)

 
#5
According to Dr. Marc Faber, S&P 500 is heading towards 100-levels. So DOW Jones will also reach 2000-levels because of $60 Trillion to $100 Trillion Loss to the world economy.
TECHNICAL LEVELS SUGGEST THAT DOW CAN PUSH THROUGH 4000 LEVEL. BUT 2000 IS TOO MUCH.

Short Sellers are responsible for majority of stock crashes.

If the well-known short seller "Doug Kass" is saying "End of Warren Buffett", there has to be good meaning behind it.

Maybe the stocks in Warren Buffett's investment portfolio are going to crash.
Short Sellers are NOT responsible for majority of stock crashes. THEY ARE JUST TRADERS LIKE U AND ME. AND WE NEED THEM FOR OUR SO CALLED TECHNICAL BOUNCES LIKE THE ONE WE ARE EXPERIENCING NOW. IF A STOCK LIKE SATYAM DESERVED TO BE SOLD SHORT THEN IT'S SAME FOR USA OR OTHER MKTS AS WELL. STOCKS HAVE BEEN APPRECIATING 100-200-500 TIMES IN 5-10 YRS FOR NO REASON. IF U THINK THAT IS CREATING VALUE FOR SHARE-HOLDERS:rolleyes:WHO HAVE BOUGHT IT AFTER APPRECIATING THAT MUCH, THEN WE ARE TALKING ABOUT PEOPLE ACTING LIKE CHILDREN AND A CHILD HAS NO PLACE IN THE SHARE MKT.BECAUSE THIS IS JUNGLE. JUNGLE RULES APPLY HERE. WE BETTER GROW UP.



Success is not all about Achievement but ..........its the circumstances in which u have achieved it........;)

U ARE ABSOLUTELY RIGHT AND U HAVE GIVEN ANSWER TO ALL. IT REALLY IS THE "circumstances in which u have achieved it". BUFFET WAS LUCKY ENOUGH TO EXPERIENCE THE BIGGEST BULL RALLY OF ALL TIME IN THE HISTORY OF MANKIND. FROM EARLY 1980, IN ABOUT 20 YRS DOW GAVE INSANE KIND OF RETURN(ABOUT 1400%). SOMETHING WE WILL NOT GET IN OUR LIFE-TIME(ESPECIALLY IF U'VE MISSED THE BIGGEST BULL RALLY IN INDIA LIKE ME). SO "circumstances" WAS FAVOURABLE TO HIM.


AS FOR USA, THAT COUNTRY IS DOOMED. THEY WILL NOT BE ABLE TO GET OUT OF THIS MESS IN OUR LIFE-TIME. THE ONLY THING THEY HAVE BEEN DOING IS PATCH-WORKING. NOW, AFTER YEARS OF PATCH-WORKING THE ONLY THING THEY ARE LEFT WITH IS PRINTING MORE AND MORE MONEY UNTIL HYPER-INFLATION SWALLOWS THEM COMPLETELY AND DOLLER LOOSES ITS IMPORTANCE AS A MAJOR CURRENCY. THAT COUNTRY NEEDS QUITE ACCUMULATION OF GOD KNOWS HOW MANY DECADS. EVERYTHING HAS A BEGINNING AND HAS AN END. CHANGE IS THE ONLY THING THAT IS CONSTANT. TIME HAS COME FOR ASIA TO TAKE IT OVER FROM USA AND EURO ZONE. IT'S A NEW WORLD ORDER. BETTER GET USED TO IT.
 
#6
AS FOR USA, THAT COUNTRY IS DOOMED. THEY WILL NOT BE ABLE TO GET OUT OF THIS MESS IN OUR LIFE-TIME. THE ONLY THING THEY HAVE BEEN DOING IS PATCH-WORKING. NOW, AFTER YEARS OF PATCH-WORKING THE ONLY THING THEY ARE LEFT WITH IS PRINTING MORE AND MORE MONEY UNTIL HYPER-INFLATION SWALLOWS THEM COMPLETELY AND DOLLER LOOSES ITS IMPORTANCE AS A MAJOR CURRENCY. THAT COUNTRY NEEDS QUITE ACCUMULATION OF GOD KNOWS HOW MANY DECADS. EVERYTHING HAS A BEGINNING AND HAS AN END. CHANGE IS THE ONLY THING THAT IS CONSTANT. TIME HAS COME FOR ASIA TO TAKE IT OVER FROM USA AND EURO ZONE. IT'S A NEW WORLD ORDER. BETTER GET USED TO IT.
Chatterji Babu! USA se itna khafa kyon ho !!! ;);)
 

kenneth

Well-Known Member
#7
AS FOR USA, THAT COUNTRY IS DOOMED. THEY WILL NOT BE ABLE TO GET OUT OF THIS MESS IN OUR LIFE-TIME. THE ONLY THING THEY HAVE BEEN DOING IS PATCH-WORKING. NOW, AFTER YEARS OF PATCH-WORKING THE ONLY THING THEY ARE LEFT WITH IS PRINTING MORE AND MORE MONEY UNTIL HYPER-INFLATION SWALLOWS THEM COMPLETELY AND DOLLER LOOSES ITS IMPORTANCE AS A MAJOR CURRENCY. THAT COUNTRY NEEDS QUITE ACCUMULATION OF GOD KNOWS HOW MANY DECADS. EVERYTHING HAS A BEGINNING AND HAS AN END. CHANGE IS THE ONLY THING THAT IS CONSTANT. TIME HAS COME FOR ASIA TO TAKE IT OVER FROM USA AND EURO ZONE. IT'S A NEW WORLD ORDER. BETTER GET USED TO IT.
Please watch these
http://www.zeitgeistmovie.com/

Regards
ken
 
#8
Chatterji Babu! USA se itna khafa kyon ho !!! ;);)
Trust me!!! That is not the case. But, I believe I am right. Pls prove me wrong.


Death to America !! LOL !! :D

LOL !! New World Order ... Asian superpowers whose 60% citizens do not have to access to basic necessities of life.

Aatankwaadi ghar mein ghus ke marte hain to bhi hum log kuch nahi kar sakte.
"Aatankwaadi ghar mein ghus ke marte hain to bhi hum log kuch nahi kar sakte." --- What should be our response to that??? Way to prevent terrorism??? pls speak free


Sorry for late response:eek:
 

Ajax

Well-Known Member
#9
TECHNICAL LEVELS SUGGEST THAT DOW CAN PUSH THROUGH 4000 LEVEL. BUT 2000 IS TOO MUCH.



Short Sellers are NOT responsible for majority of stock crashes. THEY ARE JUST TRADERS LIKE U AND ME. AND WE NEED THEM FOR OUR SO CALLED TECHNICAL BOUNCES LIKE THE ONE WE ARE EXPERIENCING NOW. IF A STOCK LIKE SATYAM DESERVED TO BE SOLD SHORT THEN IT'S SAME FOR USA OR OTHER MKTS AS WELL. STOCKS HAVE BEEN APPRECIATING 100-200-500 TIMES IN 5-10 YRS FOR NO REASON. IF U THINK THAT IS CREATING VALUE FOR SHARE-HOLDERS:rolleyes:WHO HAVE BOUGHT IT AFTER APPRECIATING THAT MUCH, THEN WE ARE TALKING ABOUT PEOPLE ACTING LIKE CHILDREN AND A CHILD HAS NO PLACE IN THE SHARE MKT.BECAUSE THIS IS JUNGLE. JUNGLE RULES APPLY HERE. WE BETTER GROW UP.





U ARE ABSOLUTELY RIGHT AND U HAVE GIVEN ANSWER TO ALL. IT REALLY IS THE "circumstances in which u have achieved it". BUFFET WAS LUCKY ENOUGH TO EXPERIENCE THE BIGGEST BULL RALLY OF ALL TIME IN THE HISTORY OF MANKIND. FROM EARLY 1980, IN ABOUT 20 YRS DOW GAVE INSANE KIND OF RETURN(ABOUT 1400%). SOMETHING WE WILL NOT GET IN OUR LIFE-TIME(ESPECIALLY IF U'VE MISSED THE BIGGEST BULL RALLY IN INDIA LIKE ME). SO "circumstances" WAS FAVOURABLE TO HIM.


AS FOR USA, THAT COUNTRY IS DOOMED. THEY WILL NOT BE ABLE TO GET OUT OF THIS MESS IN OUR LIFE-TIME. THE ONLY THING THEY HAVE BEEN DOING IS PATCH-WORKING. NOW, AFTER YEARS OF PATCH-WORKING THE ONLY THING THEY ARE LEFT WITH IS PRINTING MORE AND MORE MONEY UNTIL HYPER-INFLATION SWALLOWS THEM COMPLETELY AND DOLLER LOOSES ITS IMPORTANCE AS A MAJOR CURRENCY. THAT COUNTRY NEEDS QUITE ACCUMULATION OF GOD KNOWS HOW MANY DECADS. EVERYTHING HAS A BEGINNING AND HAS AN END. CHANGE IS THE ONLY THING THAT IS CONSTANT. TIME HAS COME FOR ASIA TO TAKE IT OVER FROM USA AND EURO ZONE. IT'S A NEW WORLD ORDER. BETTER GET USED TO IT.
Dear cynics

Cool down cynics. Who r we 2 descredit people like Buffet. He had the oppurtunity , he made the best of it, to put in ur words. In fact lot better.
Open ur eyes , opputunities are there in abundance. Smart people like Buffet grab them and benefit. Fools like us miss them & then sulk.

There r Mechanical trading system which gave returns of > 1700% last year. If u invested 10K on 1/1/2008. It would have become ~1.7 lacs as of today. Even in this bear market.

So buddy , cool down, khudi ko kar buland itna........

Regards
 

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