So Buffett buys 5 BILLION bucks worth of BoA

[xX_kiba_Xx]

am i the only one who wants buffett to make a bad move and shit the bed/come back to civilization?

 

[Belladonna]

seriously.



but, but, he buys shares of banks with toxic assets, and thats totally fucked up!!!111 what an idiot rite lolz

 

[acidraver.]

Nobody bats 1.000.

 

[metsgiantsfan333]

The price rises because people think, hell, Buffett knows what he's doing.

Buffett sees the price rise, sells the stock, makes 100 million, the price falls, and he buys it again.

Am I crazy, or is this a doable thing?

 

[hotstreek704]

risking 5 billion for 100 million is pretty bad risk/return

im sure he wouldnt invest that much unless he knew something we didnt which would cause it to go up, other then just "buffett invested in it, everyone else do it!"

 

[ifeellost]

[No message]

 

[demolitionlvr]

i knew this. was just wondering if there was other info i did not know

i like knowledge

 

[SwAnToN_bOmB]

isn't that illegal?

 

[steph j]

buffett owns at least twice as many shares as are traded on an average day

 

[mommy2be *Due Oct22nd*]

[No message]

 

[Shark Riot]

[No message]

 

[totting fox]

I really got those guys fired up

 

[Gwendolyn]

what have you done with your life as compared to Warren Buffet?

not hating, your post just came off as funny to me

 

[tuti :)]

lol Buffett is an idiot.

 

[jeja_uribe]

Honestly, do you think THAT was my point?

 

[Audrie....♥]

if you have to explain the difference between Koch and Buffett to someone, the best advice is to just slowly walk away

 

[Daniel Kim]

oh ok then, word.

edit: there is a LOT more to the Koch brothers than that... they were also the ones who funded the pamphlets and advertisements telling democrats in Wisconsin to send their ballots in to an INCORRECT address, on a date AFTER voting stopped. fucking sad, sad people.

 

[Rick Samuelson]

he isn't helping the US economy. he has a big mouth, and even retard obama quotes him and ranks him above the credit agency that downgrades us. lol

 

[Yodi I]

he gets a 6% dividend so he doesnt need to do that to make money

 

[Bluebeard]

not an idiot, but he doesn't have a record of properly assessing the intrinsic value of financial institutions.