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"Second stimulus needed" - Warren Buffett: July 7,2009 (4min.)

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  • #1

    "Second stimulus needed" - Warren Buffett: July 7,2009 (4min.)

    I can already see a lot of Austrians being red-faced due to Buffett's comments.

    Question for Mr. Buffett; If the 1st stimulus was not done in a "sophisticated way", what would cause the 2nd stimulus to be done correctly by the government? (provided you agree to the premises of a "stimulus" to begin with).


    Runtime: 4min.
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  • #2
    Re: "Second stimulus needed" - Warren Buffett: July 7,2009 (4min.)

    Apart from the fact he clearly wanted to Sh*g her, i didn't get much insight into what was going though his mind.
    Mike

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    • #3
      Re: "Second stimulus needed" - Warren Buffett: July 7,2009 (4min.)

      Originally posted by Mega View Post
      Apart from the fact he clearly wanted to Sh*g her, i didn't get much insight into what was going though his mind.
      Mike
      It would cost you $1.68MM to find out:

      Lunch with Warren Buffett worth $1.68M US to Toronto firm
      Last Updated: Wednesday, July 8, 2009 | 5:53 PM ET

      Toronto-based hedge fund manager Salida Capital paid $1.68 million US to have lunch with billionaire investor Warren Buffett.

      Salida won the annual charity auction on eBay, held in June, for a lunch for eight with the Oracle of Omaha, Buffet's nickname. The proceeds go to the Glide Foundation, which helps the poor in San Francisco.

      ...
      Or better yet, stick with iTulip's research; it appears to me that is a better return on investment.

      PS: Mike, when will we see a clip from you on Utube with a reference to iTulip?
      Last edited by LargoWinch; July 11, 2009, 02:20 PM.

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      • #4
        Re: "Second stimulus needed" - Warren Buffett: July 7,2009 (4min.)

        can we take his advice seriously? Did he see this mess coming? Did he put his company in a position to properly weather the storm? I don't know the answers to these questions because I don't follow news about him. but if the answer to the question is no then I would have to take anything he said with a grain of salt.

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        • #5
          Re: "Second stimulus needed" - Warren Buffett: July 7,2009 (4min.)

          Buffett is a Fire Economy Elite... always talking his own book. Yeah, BRK would love another few trillion in stimulus. :eek::eek:

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