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Presenting Warren "Archimedes" Buffett's Amazing 24 Hour Monster Bank of America Due Diligence Session
Earlier today, courtesy of the unbreakable bond between Warren Buffett and CNBC's Becky Quick, we learned that supposedly Warren came up with the idea to invest $5 billion in Bank of America (which really is $2 billion when accounting for the intrinsic value of the warrants, which in turn makes the dividend on his at risk investment a stunning 15% but we digress - more here) while in the bathtub on Wednesday morning. What is interesting, is that according to the just released Securities Purchase Agreement, between Warren's Archimedes moment yesterday, and the announcement this morning, here is what he contractually represents and warrants that he did:
"The Investor acknowledges that it has had an opportunity to conduct such review and analysis of the business, assets, condition, operations and prospects of the Company and its subsidiaries, including an opportunity to ask such questions of management (for which it has received such answers) and to review such information maintained by the Company, in each case as the Investor considers sufficient for the purpose of making the Purchase. The Investor further acknowledges that it has had such an opportunity to consult with its own counsel, financial and tax advisers and other professional advisers as it believes is sufficient for purposes of the Purchase. For purposes of this Agreement, the term “Transaction Documents” refers collectively to this Agreement, the Warrant and the Registration Rights Agreement, in each case, as amended, modified or supplemented from time to time in accordance with their respective terms."
Not bad - Buffett did this in, oh.... under 24 hours.
Isn't it amazing how spiffy those 81 year olds can be...
h/t Manal Mehta
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The Oracle.
Oracle
or did you say Oral?
Obama fundraiser sponsored by Warren Buffett
http://www.cnbc.com/id/44280513
not sure if Scores will be the venue but no doubt some serious table dancing @ $35,800 an hour
The top-dollar donation "includes VIP" room access
http://www.google.com/url?sa=t&source=web&cd=1&ved=0CDEQtwIwAA&url=http%...
When: Friday, September 30th at 6:00PM
Where: Scores NY (536 West 28th St. (between 10th & 11th Ave) New York, NY 1000)
Ask: $10,000 – Guest
$35,800 – Host: VIP room with Warren Buffett + dinner
$100,000 raise – Chair (Table of 10) - VIP room with Warren Buffett + dinner
http://www.scoresny.com/en/#contact
http://www.politico.com/news/stories/0811/62055.html
If QE3 was coming tomorrow, why did Obummer need Buffet today for the BAC life line?
I get the feeling BAC knows no QE3 tomorrow, and was in need of some cash NOW.
Just my $0.02
Buffett branding is just a first line of defense in the rescue plan.
Goldman Sachs Case Study
9/15/2008 | GS=$131 | Lehman Bros files for Ch. 11
9/16/2008 | GS=$129 | AIG bailed out
9/23/2008 | GS=$121 | Buffett buys $5B of GS @ $115/share (under market)
10/3/2008 | GS=$124 | TARP made into law
10/28/2008 | GS=$91 | US Treasury buys $10B of GS @ $122.9/share (over market)
11/21/2008 | GS=$47.41 | low
11/24/2008 | GS=$65 | QE 1 begins; Fed buys MBS
For Banksters of America, we can expect same order of bailouts about a month apart with BAC falling 20-30% each interval:
8/25/2011 Buffett (private deal)
9/23/2011 US Treasury (federal)
10/28/2011 QE 3 (international overlord)
Buffet thought he could clean up again on a Goldman type bailout- and maybe a Wells typeottom fish. Plus he frontran his own " idea" and cleaned up there.
Unfortunately for Buffet, this time the bank collapse will be faster and harder. Its only August, and it looks like a die off already. The aristocracy, Fed and political class will try to keep the ponzi machine chugging. This time its different ( shortterrm) and longterm its the same( depressionary credit collapse.)
Hi folks, this is my very first comment at ZH, and I have to say that by no means I am an expert in finance... so please be gentle with me...;-)
Just wondering: that preferred stock 6% dividend per annum, couldn't it be that 6% dividend comming from the equity share BAC owns from the FED? Could it be possible that there is some private agreement for Berkshire Hathaway to own the dividend rights that in turn BAC has on their share of the FED? In that case, if finally BAC crashes Warren Buffet would have secured a very good damm deal...
I know I came a bit late into the conversation but... any thoughts?
@antaresteleko
You are over thinking the situation. As long as there is a FRB, Warren will be OK. But once they are gone, he's in big trouble.
Doesn't the 100 year charter of the FED expire in 2013?
If that is true, and there is any threat of the charter not being renewed, there will be war. Rothschild has been doing that for a while. It reminds me of the Tsars and the Bolchevics.
It would certainly send a chill up the spine of the Buffettologists if WB blew up Berkshire with one of these wild trades.
WB has already blown out once. If it weren't for the bailouts he would have been wiped out.
The fact is his wealth, as well as all the bond holders who did not take a haircut, comes from $ taken directly from US taxpayers.
That is a fact.
IMHO, it is simply too much for college educated middle American people to face.
One should not be surprised. Take a USD to the owner, the US Fed, a private company, and hand it to them and tell them you want what it is worth. They will hand you back a piece of paper that looks exactly the same.
The intrinsic, actual value of the US$ is a piece of paper that guarantees you a pice of paper that looks the same. That's it.
Your job is to take that piece of paper out into the world and see what someone is willing to give to you for that piece of paper.
Good luck.
"If that is true, and there is any threat of the charter not being renewed,"
It's true, and the threat's name is Ron Paul.
http://original.antiwar.com/justin/2011/08/16/the-media-is-the-enemy/
December 21, 2012. So they have almost a year and a half to come up with the new world order digital slave currency.
Some would view it as fatalism, but I just can't imagine they don't have this shit already worked out and waiting on the shelf for that moment when it all breaks down.
My goodness it is warm this evening.
Say there Antarestelekoooo, it would appear that you have somehow confused your acronyms with your anagrams . . . or is it monograms? As a semi-professional anarammatistical consultant, please allow me to shed some diffused light on this situation.
I think you have simply gotten some letters in the wrong order. I noticed the ABC has some how become BAC. I see you also have FED, is it not, ABCDEF? So let's go back to basics.
If per chance you were a well connected crony, you would likely negotiate a deal through the miracle of modern finance, (casa blanca), that would insure a return of 6% with no down side. This in itself does not make you an evil person, well maybe.
Mr. Ben B, also known as the lender of last resort, serves as a stopgap to protect the primary dealers, which in turn protects the House of Fiat. I had a Fiat in the 70's, it worked about the same.
So to summerize, in a way that clears everything up completely, you can either have the WBB (Warren Buffet Bank) or the BBB (Ben Bernake Bank), but in the end it still eat porridge if you are lucky.
Thank you guys for sharing your thoughts with me; it looks clear to me now that there is still very much for me to underderstand...
You were gentle with me nevertheless.
Gives new meaning to the name "BathTub Boy".
I think that Keith Olberman loser is now replaced with Warren as BATHTUB BOY!!!!!!!!!!!!!!!!
Put him in Matt Simmons' hot tub and see how he does.
The bath thing is just too much detail. Ugh! Apparently he's an old pervert. I knew scummy Warren was a young pervert when he moved that woman into his house with his wife and had 2 at once. I guess some things never change.
Maybe Warren is getting nervous that if B OF A goes down for the count(and it will) everything will go down taking Berkshire to the woodshed because all those riskey bets Buffet wrote on the index's would get "in the money" very quickly.
Warren, you're a complete asswipe!! More money than brainz, that's for damn sure!
Prepared,
He made 280 Million on this deal in ONE day.
If we knew ALL the details(which we will never know), we would crap.
I see him as an American version of Soro's.
I just KNOW there is some sweetheart, never-pay-taxes deal in the background of this one...
@toady
He's already got that deal. He has everything he ever wanted. His only problem is keeping it all. Odds are that it'll all slip away....
It was only a couple of hours ago that I explained my disdain for WB to a colleague by equating him to Soros. At least you can see the stripes on Soros (and Madoff).
Madoff is a patron saint compared to unrepentant Warren. Remember, Madoff admitted his guilt...
He's really good at reading Q's and K's!
Spiffy...NAILED IT.
I have<------------------senioritis!
Fukin' pig!
Not to mention he's a lover of the "O"bummer! Can it get any worse?
Problems, by definition, can always get worse.
and just like this TPTB have added this "Current Buffet" video feed:
http://www.youtube.com/watch?v=dCAqnW_iNhg&feature=player_detailpage
who said bubbles are a problem? they're GREAT too!
Once again, the world of finance claims ability to defy the laws of physics. It's impossible that Buffett could have accomplished all of this in one day with his professional support staff and cronies, even if they were all in the tub with him (eeeeew).
With the deal he got the only thing he needed to read was were it said "signature".
A suspicious observer might wonder if his tete a tete with Barry the day before produced an assurance of another bailout if needed.
Yeah, I've thrown $20 or $30 bucks at things without thinkin' (if you know what I mean).
Ha! I assume you mean big macs in Zurich?
Call it anything you want.
The best "deals" are the two for ones.
pods
Corrupt bastard.
Hang on, wait a minute, Austin Ghouls-bee is speaking on Fox news, he said high gasoline is killing economy. Listen up people...
Surprised it took him 24hrs to do this deal, a guaranteed-no-loss-guranteed-high-return-taxpayer-bailout-backstopped-funded etc. etc. investment, shit, I could say yes to that in 24mins.
He must know what Bernanke will do tomorrow!
All you can eat Buffet.
"Dude Sin" Real men don't take baths!
I seem to remember Tuco taking a nice bath in the Good Bad and Ugly. With his peacemaker...
He bathes in the tears of mermaids.
Word is he was under for more than 2 minutes when he decided to give it one last long shot to save it all.
Mr Bubbles meets Mr McGoo in Rubba-Dub-Bunga-Bunga
I hope trump sold at the high this morning. He coulda made about 25% in about 3 weeks. I'm thinking it will be downhill from here for BAC, with perhaps another brief rise in response to qe3, whenever that comes.
Tyler,
You know and I know...this was an arranged marriage. There was no due diligence, and it is almost certain that uncle Warren has zero actual capital at risk...but instead a note from Obama to excuse any future capital losses.
The very insistence this morning by the Quickster was the tip...and the bath tub story was to mislead folks.
The story is a joke. The media is a joke for perpetrating it. Warren Buffet is a joke. And the rally in the banks, which was repealed within an hour...revealed the truth about everything.
Crony capitalism, bitchez.
**nice touch on the pic**
I'm gonna watch "Idiocracy" again this weekend, eat some extra bigass fries, and try to figure out how to rehabilitate the economy (while 'batin')
Electrolytes?
pods
They're what plants crave . . .
it's what bac needs!
Idiocracy should be required viewing, especially given the movie's genius premise that stupid people breed at a much higher rate. The future will be idiotic . . .
The capital markets have become a joke.
A definite set up. Reminds me of the hokey take down of Osama Bin-Deadlong. Don't ride on any helicopters Mr. Buffet.
Unkie Warren, can I have 5 billion dollars?
By "management", they mean "Obama". He did all the DD he needed over the phone with him. Only took about two minutes.
"...only took about 2 minutes..."
As did that other thing Buffet did in the tub.
I'm going to presume you mean wash his back because the alternative is too terrifying to consider.
They don't call it a Becky Quicky for nothing.
Bet Uncle Warren drops a Viagra before the phone interviews, for the post interview phone sex. Better yet, Warren rubbing one out during the on air phone interviews. Try to visualize that, bitchez.
Eyes crossing, hunched forward, can see all the hair on his shoulders and back, one eye half closed, tongue hanging out, drooling profusely, furiously wacking the helpless soft little tadpole....
Dude seriously, I was trying to eat.
Yea man, made me throw up my cornflakes. Thanks.
We can't be worried about corrupt old fucks who wipe their asses with C-notes getting sweetheart deals from the government to prop up too big to fucking fail banks that would send our financial system into fatal convulsions. Nahh. We have to hear about Martha's Vineyard and fucking hurricanes.
Heckuva job media...
The Oracle of Obama
the orifice
The Anacle of Oraha.
I'm still putting the sequence of events together...
So BAC is failing along with a few large banks in the EU such as SocGen and Unicredit. Obama calls Buffet on August 22. For some reason Warren gets in a bathtub... probably with a can of coke in one hand while beating off with his other hand to a picture of Betty Quick mounted on the ceiling.
Somehow this magical idea comes into his head to throw a few billion at Bank of America ... That same BoA that adamently claims it does not need money while its still trying to quietly sell assetts at firesale prices. Hmm.
What did Obama talk to Buffet about?
Why the hell is SocGen being quietly bailed out by the Rothschilds?
The cover story, which appeared on Drudge the day before the bathtub epiphany, was that the President talked to him about the economy and what the govt. could do about creating jobs.
The real coversation was about Buffet bailing out BAC...because the sheeple are too angry now for the govt. to blatently continue to bail out banks.
And the Quickster, with her lame bathtub story, has got to feeling like a fool today...if she thinks or feels at all...there with her new baby in her arms, the next generation to inherit this broken nation.
Fuck me.
And think of the panic that would have ensued if they used the Fed to funnel in $5 billion! That's a crashing bank. But if Buffet jumps in, you can spin it as a bullish call on the US financial sector. Up is down, and down is up. Surprising how many fools are buying the spin when the giant sinking Barge of America is in flames right in front of them.
"I know your hand is brittle. You're 85 after all. I'm just squeezing your hand to help you sign our d-doc's. You're next grandpa."
"Look, I know you're hungry & thirsty. The door is locked for your privacy. Just sign and initial the x's, then we can move on"
check this crazy MFer out on twitter:
https://twitter.com/#!/GoldmanSuchs
He's Batman.
And BofA took 24hours to acquire Countrywide.
Keep the data hidden at all cost!
This is another AIG-GS deal where The Bernank has guaranteed BAC's massive debt so that Buffet can profit.
You can be SURE if BAC goes under (or almost under) like AIG, The Bernank will Bail out Buffet's $5 Billion wiht a Ton of newly printed fiat. It's a win-win situation for Buffet. He is learning the tricks of Blankfield.
Buffet is now also "doing God's work."
Who said you can't teach an old dog new tricks?
Warren buffet is scum.... His republican pAppy is spinning in his grave....so much for the mid western roll up your sleeves and do it yourself gumption....this ol fool who is afflicted with money autism now supports Obama and what he stands for?
Fuuuuuuck him
You mean Barry stands for something different?
Couldn't have said it better...well...maybe in Standard American English. But that kind of kills the vibe!
http://www.youtube.com/watch?v=tRmZ9zH-mYM&feature=grec_index
This probably means another WH pearl necklace ceremony for him in the not too far future.
OK guys and dolls, lads and lassies....
Here's the Knukles tea leaves...
Uncle Crusty talks with the Messiah.
Uncle Crusty fondly remembers his Goldmine investment (To be magically enhanced by TARP and whateverthefuckmorelooting that took place on the taxpayer dime.)
Uncle Crusty invests $5 SuperSizes in BAC after such conversation and reminisences.
Opppssss!
The New and Improved "Tax Payer Put" Yeah!
Another fairy tale story ending of boy works hard, succeeds in America, land of opportunity.
Uncle Crusty foots bill for Becky's orthadontia.
Warren merely has complete faith in the price discovery mechanism known as the New York stock exchange and confidently concluded that the share price at the time accurately reflected the outstanding liabilities of BAC in respect of its mortgages,possible legal claims arising therein,CDS liabilities and "assets" pertaining to the acquisition of Countrywide.
He was furthermore reassured by its CEO that it did not require further financing,what the hell is everyones problem?
What next?People will be saying that the whole stockmarket is being kept elevated by false accounting,phony analyst research,government intervention and mass media propoganda.
Holy shit Knukles, "Uncle Crusty foots bill for Becky's orthadontia", that could be one of the funniest things I've ever seen on this site! Quick can eat peanuts from the bottom of a Coke bottle...Not to mention she's now engorged...nice visual right?!
(diluted) BAC common should be good enough for everyone else tho...
Becky really debased herself with this. She reported a catchy headline with no basis in truth. What some reporters won't do to maintain a source monopoly. Disgraceful.
I wouldn't mind seeing her debase herself more often. Perhaps with a donkey...
Mr. Buffett is surely a better investor than me, but this deal sounds political to me- another big bank going down might well drive the final stake through this presidency's heart, and I am leaning towards the idea that this was either suggested by Treasury as a desperate Hail Mary, or Buffett got the idea all by himself as an attempt to save this administration.
What I hate most about all this is someone put a gun to Meredith Whitney's head and told her to get her ass in front of a microphone and say that BAC didn't need capital.
That was to punish her for telling the truth about munis, and then they went out to destroy her reputation with her clientelle -- meaning when they forced her to talk up BAC, they KNEW Buffett was going to move within 24 hours.
They told her to get in front of a camera Or Else, and then when she did, they 2X4ed her upside the head.
I think you're right. Buffet didn't have a "bathtub revelation"...at least not with regard to BofA. That sucker was going down, Obama called him in on the pretense of "general economic advice", and they planned the rescue of BofA. At least the temporary propping up of BofA.
Well then another bastion of truth has fallen. Damn
Crash, I think we are going to see a lot more of thsi strong-arming now that the game is really on.
Here is the truth about wall street, at it's root, the mentality is pure Mafia. in fact, the mafia plays a huge role in some of the most egrigious financial scams there are. Of course this does nto get much mention and they are caricatured on TV as strange talking Italian psychopaths. Loveable fuckers if you know what I mean. And I saw this strange love and hero-worship of the mafia way go into overdrive with the Sopranos. Everyone loved them a good mafioso.
So, most Wall street oligarchs have to play with the big boys of the mafia, the big boys of the Vatican (Super Mafia). At the very top, it's all the same, slimey people. The banker boys don't even know the cut of a good suite, eh? ;-)
So again, I think we will see more mafia tactics out in the open now. Bare knuckle stuff. Or else kind of stuff. A meredith Whitney is no longer safe in her glass ensconsed perch in the sky.
Honesty's time is up.
Why are you looking at me like that? Do I look funny to you? Do I? Do I?
Vivek
http://aadivaahan.wordpress.com/2011/08/24/precursor-03-bottom-falling-out-still-still-and-a-gander/
so now we all know what the little meeting with Obama was about...
Obama: "We can't have the Fed bail out BofA because that would cause a panic. Your Goldman deal in 2008 was the turning point upwards for bank stocks. We can do it again here...BEFORE A COLLAPSE!"
Buffet: "I'll pony up $5 billion, but it has to be a sweet, no-risk deal for me."
Done. And done. We are as close to the edge without going over as is fiscally possible.
In short...
the Barama phone call sealed the deal.
Last Wednesday of Every month, whether he needs it or not…
I am a little worried about Waren. We all feel the charitable urge now and then, but you know, $5 billion here, $5 billion there – pretty soon, you're talking about real money!
When this fails, I predict endless advertising opportunities for bathtub toy manufacturers. I mean, just insert joke.
<-- Krusty the Klown
<--Jacob Rothschild
Who would Rick Perry want to have a bubble bath with?
Obama asked him to buy... and told him the FED would save BAC whatever happens so he wouldn't lose any money on the long term.
Of course they will try to kick the can... but at some point the can will be full of cement and they will break their toes.
Bathtub investing, bithchez!
LMAO
Not only that, but he was able to convince BoA not to put any limitations on his shorting the shit out of the stock starting the moment the deal closed...
This is just further evidence of the Kleptocracy in which we reside.
I was wondering the same thing this morning when I read the details of the deal.
He must have wrote them up while IN the bathtub OR this deal has been in the works for a while (duh)... long enough to get the details documented at least.
Maybe Becky was in that bathtub blowing BofA bubbles....
buffets a fool.
of course this was preplanned. lets get real.
but once again, the treason by all, will go unpunished.
When I think of this agreement the term "money laundering" comes to mind.
pods
As senile dementia set in the Anacle developed a concomitant case of investing coprophagia; first with the Squid, then with BACteria. The signs were worrying, but it was too late. His legacy of investing prowess would die with him.
Warren Buffett sucks. He did not invest his money in BofA because it has strong fundamentals. BofA doesn't have strong fundamentals. Instead, it has a fucked up balance sheet. Buffett's investment in this company is illogical at best. Personally, I find this investment to be politically corrupt, given Buffett's recent meeting with The Big Cheese. It has the stench of impropriety and the appearance of a horrible investment decision.
First they get the NY AG shitcanned from the committee working on a settlement with the banks on this mortgage legal disaster. I'm certain Washington knows of some skeletons McGraw Hill (S&P parent company) would rather stay in the closet.
Then they twist Dick Bove's arm to tell the world that he's changed his mind and it's really a good idea to buy the banks.
Now Warren is doing his patriotic duty to provide a massive short squeeze on BAC and pump the stock.
I think the end game is near though. It's been 2-3 years and things are turning for the worse. People know we're in a depression and are losing faith in the government because of all the BS they've been fed. This last BS blast from Warren was pathetic.
Oh my that is funny. this site is soooo kewl!
corrupt
In other news, BankOfAmericaMerrilLynchBerkshireHathaway is now thinking the chance of double dip is over 80%: http://www.cnbc.com/id/44278624
Buffet was in the tub having phone sex with BlowMama when the idea, uh...er, CAME, or cum.....however you spin it.
Now the morons are going to play in Jackson Julio a pump the true Americans with some Benny Hanna Chop Chop.
I'm not sure how much Warren made today on his deal with Bank of America - but I'm pretty sure it's a heck of alot more than I made today (and I'm guessing - more than the rest of the folks on this blog made today too).
Check out the "cheer" at 0:57. Sounds more like Warren lifting himself from the tub.
Can someone please verify that Carl literally heard cheers?
These people are fucking strange.
...Buffet? ...is that like Gimmy err what? http://www.youtube.com/watch?v=Ou6zi_9sxJ4
Guess who makes it 2x in 1 day right square onto the 0H Fuck You list?
Avuncular Warren!
Bathtub? http://www.youtube.com/watch?v=osQaGc8Chfc&feature=related
Buffet is a leach. I don't advocate for a government that would punish 'ole Warren for his intelligent decisions. Is he a snake? Yes. And the system we have allows for snakes. Substitute 'snake' for speculator or participant.
Substitute hunter for prey.
Warren is a fucking capitalist.
That would not be such a problem within an actual free market. IT IS A PROBLEM BECAUSE WE DO NOT HAVE A FREE MARKET. WE HAVE A CENTRALLY PLANNED ECONOMY THAT IS CLEARLY FAILING.
Fucking 'progressives'.
If you are 1/5th as smart as you adore to claim, then please do explain the superior functioning of the academic elite central planning clusterfuck that the world now finds itself in?
The shit on top is how these same asshat 'progressives' that decry the free market so adore to smear the idea of a God who some 'idiots' declare belief in, while simultaneously attempting to wield power equivalent only to that reasonably attributable to a God.
I could go on but those who agree already do, those who don't likely never will. Isn't evolution sweet?
This deal was born from the necessity to evacuate Some of the top floor of this economy from burning ship. Buffet just made it happen.
hearing Becky Quick talking about Warren Buffett in the bathtub was creepy, even by CNBC standards
ewww
I could have done without the bathroom scene, but I believe every word that the taxfree govt backdoor bailouts and every last breath of that convo with BO was about baby got BAC!
I think I've found my new desktop photo.
Rarely is anything this poignant and provocative.
I'd just like to tell Buffon & OCucumber to kiss my ass before the whole shebang crashes down on these stupid assholes this weekend.
Fuck him. We now have essentially the "BUFFET PUT", trying to get hedgies and retailers into B of A. Talk about a pump and dump. Warren makes money thru sweetheart deals and insider info. And for some reason people worship him.
Welcome to the world of unread legal boilerplate.
Don't forget, within those 24 hours, he had his aid Obama CFA (Centralized Future Advisor) come and visit. Maybe he had a quick look at the numbers and could elaborate on what they meant given centralized planning. Hm, with these CFAs, you really see numbers in a whole different light.
Seriously, though, I consider the timing somewhat unlucky. Such a deal, within 24 hours of economic consultations with the president, makes you go hmm about the existence of an inside track given private, material information, not on the company but the centralized economic environment.
He's such a dick - now he's making money and getting his rocks off being the Good Housekeeping seal of approval. Total promoter!
Boy, Obama really is an amazingly smart fellow. First he saves General Motors, then he offs Bin laden, then he puts the entire SEAL team on the same NATIONAL GUARD HELICOPTER (WTF!!), and now, with only a few words to Warren, he saves BOA.
Biden was right, this is another "big effin deal!"
Has anybody made substantive headway on the question of whether the Seals that died were indeed the same guys who (allegedly) took out OBL?
At the very least, there should be some serious buzz about it in the armed services community.
Capital?..... We don't need no stinkin' capital?
http://tradewithdave.com/?p=7820
Dave Harrison
www.tradewithdave.com
When I was 6years old I and fellow kids used to unawaringly play a similar game of confidence. E.g. John's daddy bought him a remote control car.. I think your daddy should do the same for you
We used to have more sophisticated variations than the dream example.
It doesn't take any time to "have an opportunity". That his how Warren accomplished his magic.
just wonder how becky quik made out on the inside info?
Ever notice where Warren drops 5 large and a gov bailout is around the corner from said purchased investment.
Ever notice where Warren drops 5 large and a gov bailout is around the corner from said purchased investment.
Buffett should be executed!