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Buffet tells Mega to get ready to buy GOLD

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  • Buffet tells Mega to get ready to buy GOLD

    http://www.telegraph.co.uk/finance/p...-no-value.html

    Thanks Warren!
    Mike

  • #2
    Re: Buffet tells Mega to get ready to buy GOLD

    Facebook has no real value either.

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    • #3
      Re: Buffet tells Mega to get ready to buy GOLD

      its not stopping GS from pumping it up to "100 billion" in the upcoming IPO, tho, eh?
      how _does_ a startup, even with near constant/daily free publicity from every wannabe member of the chattering class/media outlet, newpaper-filler-for-around-the-rapidly-declining-ad-revenue-base (as in: kim kardashian's facebook page said so and so...) - sorry - how does an outfit with 3billion in revenue work out to a 100bil in 'valuation' ????

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      • #4
        Re: Buffet tells Mega to get ready to buy GOLD

        Originally posted by lektrode View Post
        how does an outfit with 3billion in revenue work out to a 100bil in 'valuation' ????

        Because it can?

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