Now Buffett in stock slump! - Political Ravings Forum

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Now Buffett in stock slump!

11.20.2008

WiseOne

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Join Date: Sep 2007

Location: Big Sandy, TN

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Now Buffett in stock slump!

Quote:

Nov. 19 (Bloomberg) -- Warren Buffett's Berkshire Hathaway Inc. fell the most in at least 23 years, dropping for the eighth straight day since reporting a 77 percent decline in third- quarter profit. The stock plunged $11,550, or 12 percent, to $84,000 in New York Stock Exchange composite trading and has slipped 41 percent this year, compared with the 45 percent drop in the Standard & Poor's 500 Index. Berkshire, based in Omaha, Nebraska, rose in 17 of the past 20 years.

Read More Here >> Bloomberg

WiseOne's Comments, well durr. I can see why! Well, I like Warren Buffet, I think he is a genius investor...but even he cannot stop history or stop what is coming on this earth. Good man, but I admit I lost some respect for him when he told Americans to get out and be greedy...haven't we enough of that already?

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