Sensex

Thursday, November 12, 2009

RE: [Technical-Investor] 'Financial panic' over, Warren Buffet says

 

ST, Please do a similar webinar on the USD as well J

 

Thanks.

 

From: Technical-Investor@yahoogroups.com [mailto:Technical-Investor@yahoogroups.com] On Behalf Of Sniper Trader
Sent: 13-Nov-2009 10:27
To: Technical-Investor@yahoogroups.com
Subject: Re: [Technical-Investor] 'Financial panic' over, Warren Buffet says

 

 

Google wave is invite only! 

On Fri, Nov 13, 2009 at 10:19 AM, Girish <girish.krishnamurthy@gmail.com> wrote:

 

Can you use google wave ?? J

 

From: Technical-Investor@yahoogroups.com [mailto:Technical-Investor@yahoogroups.com] On Behalf Of Brijesh Janardhanan
Sent: 13-Nov-2009 10:15

Subject: Re: [Technical-Investor] 'Financial panic' over, Warren Buffet says

 

 


Make it a webinar :)

 

 


From: BALAJI Jayaraman <bctbalaji@gmail.com>
To: Technical-Investor@yahoogroups.com
Sent: Fri, November 13, 2009 9:34:44 AM
Subject: Re: [Technical-Investor] 'Financial panic' over, Warren Buffet says

 

Sniper - Everyone has their own views. Let's not always be cynical. And, I know you can pick up line by line and also can take class/lesson on Gold....Appreciate your great insight & knowledge... .

I am sending these articles just the benefit of the group members to read, so we can learn and incorporate some key aspects in their trading/investing model.

Not necessary that - I need to comment or append my views for every article on the web.

Just for reading purpose..... I hope atleast for some section in the group it is very helpful.

Rgds/Balaji

PS: BTW, Someone was asking the date/venue for the free lecture on Gold you had written about. I would also be keen to join. Would you wanna confirm the same?  :D  :)

On Fri, Nov 13, 2009 at 8:42 AM, Sniper Trader <snipertrader@ gmail.com> wrote:



Balaji - A humble request. Next time you post an article...pls post your views, if any.

 

I can pick apart this article line by line. But i just dont want to get into it. I will just stick to the 1st line.

 

Capitalism is still alive and well, say the world's two richest men, despite lingering shocks from the longest, deepest recession since the Great Depression.

 

Really ? Let us see what happened in the past one yr.

 

1. Banks taken over by the govt

2. Health care hijacked by the govt

3. Small banks which are relatively healthy are forced to pay thru their noose into FDIC so secure the Too big to fail

 

If capitalism were alive, a lot more bank failure would have happened and the system would be lot cleaner than now!

 

 

 

On Fri, Nov 13, 2009 at 8:03 AM, BALAJI Jayaraman <bctbalaji@gmail. com> wrote:

 

'Financial panic' over, Warren Buffet says

Warren Buffett AP

Berkshire Hathaway chief tells Columbia students ‘bottom has come in stocks

Published on Thursday, Nov. 12, 2009 4:24PM EST

Capitalism is still alive and well, say the world's two richest men, despite lingering shocks from the longest, deepest recession since the Great Depression.

The financial panic is behind us,” said famed investor Warren Buffett, who recently made what he called an “all-in wager” on the U.S. economy by acquiring railroad Burlington Northern Santa. “The bottom has come in stocks. Don't pass on something that's attractive today.”

Sitting facing each other in an auditorium filled with nearly 1,000 cheering people at Columbia University in New York, Mr. Buffett, CEO of investment company Berkshire Hathaway., and Microsoft founder Bill Gates fielded questions from Columbia Business School students on the recession, investing, mentors and what's the next Microsoft.

There were at first reassurances that the U.S. economy had not collapsed since the last time the two sat in front of a student audience, in Nebraska in 2005.

“We proved that we can make mistakes,” said Mr. Gates. “The fundamentals of this system ... that's continued.” Even in the country's “darkest hour,” he said, American businesses were still innovating.

“Last fall was really blindsiding,” Mr. Buffett said later. Still, “I did not worry about the overall survival of our economy.”

The two endeared themselves to the audience with tips. Mr. Buffett exhorted students to “marry the right person” and said, “The worst investment you can have is cash.”

Mr. Gates, meanwhile, said he sees big opportunities in environmentally friendly energy and medicine.

“Capitalism is great,” he said.

Mr. Gates wore a suit and tie, flashing the inner red lining of his jacket as he walked to his chair. Mr. Buffett, who earned a master's degree from Columbia in 1951, wore a sweater with the Columbia insignia.

Students in the audience said they were glad the two were so confident about the economy.

“That probably weighs a lot to a lot of people to hear Buffett say we're out of the crisis,” said Andrea Basche, an Earth Institute student at Columbia.



 

 

 

 

 

 

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