Warren Buffett: Buy Stocks! Cash Is Trash!

[HOLLYWOOD]

I think you're asking the wrong question. Buffett is not making a prediction in the sense that most people are used to hearing "gurus" predict. Hes simply espousing the point that profitable, healthy American businesses are a good investment, and that the least risk and most return associated with said investment is when prices are beaten down and pessimism/fear abounds. He thinks long term, and in the long term, say, 20+ years, high quality companies will produce outstanding returns, especially if bought at firesale prices. Buffett's real talent is a powerful, intuitive knowledge of business and business value, so he can find those good companies with much more certainty than you or I, thus he is able to take massive, billion dollar positions without even flinching. Thats why he is a multibillionaire... that and his constant cash-flow and resources from insurance float and his other 50+ businesses.

Investing isn't about making predictions, its about consistency, depth of knowledge, patience, and discipline.

Yes, From the mouth of America's #1 Insider Trader and GREED opportunist. Remember the numbers have to always balance out... you spend there, you have to cut there... one side wins and the loses.

Buffet is his own hedge fund... he knew the insider deal with Wachovia and Wells Fargo... Buffet made $20 Billion off the FDIC/FED RESERVE.U.S. Treasury deal.

lot's of other senarios, but most here get the picture, what Warren Buffet and his quests are all about.

I'm trying to figure out who's worst; The 3 Financial Stooges(Blair,Bernake,Paulson), Warren Buffet, Goldman sachs, or JP Morgan.

Duh... I forgot... they're all the same inner CASH circle (ICC)

 

[Paulitician]

I don't know, he could be acting as a propaganda tool here in order to prop up the stock market. Fact is, right now is probably not the best time to get into stocks (it's not the bottom yet), and cash is currently king. If I remember correctly, cash holding is at record levels right now. So, there will be a time to throw cash out as if were trash, but I'm not convinced it is immediate. I wouldn't go into stocks that much though. I mean at best the stock market will just keep up with inflation.

 

[rockandrollsouls]

Buffet is entirely overrated.

And for the one who said sound investment.....since when is GE a sound investment? lol...


The market hasn't bottomed....we don't even have numbers for the quarter....

 

[pappy]

I don't know, he could be acting as a propaganda tool here in order to prop up the stock market.

Bingo.

pappy

 

[Mister Grieves]

Buffett is mainstream. Doing what the masses does will not make you money and he would not be telling people to throw it all in the market if he thought everyone was going to make money from it. As someone else said, he's doing this for himself and will bail shortly thereafter.

 

[HOLLYWOOD]

he's a douchebag, just like Bill Gross. watch iousa.

I haven't seen the movie, but I have been watching William 'BILL' Gross and all the lobbying and bribing that he and his partners in crime have been doing.

Watching him LOBBY for the FANNIE MAE, FREDDIE MAC bailouts, handed him $8 BILLION.

On top of that... ANY close Assoication with the Cheerleading Money Whores of CNBC and their BS... has ALL the 'USUAL SUSPECTS' guilty without ANY DOUBT.

Government and Bankers... TNT & Fire.

 

[New York For Paul]

We need a discussion about what happens to stocks when inflation starts. The market goes down and the PE multiple contracts. Inflation eats into the profits.

 

[dwdollar]

Buffett wants you to drive up the price of GE and GS so he can cash out. Simple enough.

Exactly. Warren Buffet is really showing his greed right now.

 

[dwdollar]

Sounds fishy to me. Warren Buffet is never this vocal about his investments. My guess is he made a critical error buying at prices that were to high. Now he wants us suckers to come in and support these price levels so he can cash out.