Doug Kass Sees The "End" of Warren Buffett

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Anyone know how Buffet is doing lately, I know it sounds like its not good. I havent been following him (or his investment company) at all so I dont know. I do know that he is in tight with Obama. One of my friends, who is an Obama fanatic, is also a WB guy. He was preaching to me last summer about how great WB and Obama are and that they will fix things, i just shook my head. So anyway, how is the outlook for WB in the view of RP followers?

Doug Kass Sees The "End" of Warren Buffett
http://www.cnbc.com/id/28877530
 
Anyone know how Buffet is doing lately, I know it sounds like its not good. I havent been following him (or his investment company) at all so I dont know. I do know that he is in tight with Obama. One of my friends, who is an Obama fanatic, is also a WB guy. He was preaching to me last summer about how great WB and Obama are and that they will fix things, i just shook my head. So anyway, how is the outlook for WB in the view of RP followers?

Doug Kass Sees The "End" of Warren Buffett
http://www.cnbc.com/id/28877530

Buffet doesn't know how to fix the economy. He only knows how to invest. In fact, I think ol Warren has even given up his traditional buy low sell high strategy for buy preferred stock and embrace the bailout.
 
Take a look at Berkshire's monthly chart. It's not even below it's 2000 lows.

Kass is talking his book. He always talks his book.

Too bad the "rules" prevent him from posting his long term record. Something tells me it's not that great.

How conveeeeenient. :D

(I won't bother to mention how people of a certain cultish religion like to denigrate the acheivements of people not in that religion because that never happens, right? Where was Dougie on Citibank when Sandy Weill and Robert Rubin were running it into the ground?)
 
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