Friday, October 17, 2008

Being Warren Buffet

Here are the words of the great Warren Buffett in the New York Times today:

"Buy American. I Am"

Can I get a loan, sir?

4 comments:

Anonymous said...

*
*
*
Recently an insurance company nearly wind up....
*
*
A bank is nearly bankrupt......filing chapter 11 protection.
*
*
How it affect you? Did you buy insurance? Did you buy mini note or bonds?
*
*
*
Who fault?
*
*
They bailout trouble finance company, but they will not bail out your credit card bills…….Should they have use the bail out $$ to pump into all different industries instead ……You got no choice, and no point pointing finger but you can prevent similar things from happen again……
*
*
Are you a partisan?
*
*
Since the bailout already done, the question now is besides letting the economic back on track, what regulation should be done to prevent similar things from happen again…..

Eg.
The top management of the Public listed company ( belong to "public" ) monthly salary should be tied a portion of it to the shares price ( IPO or ave 5 years ).... so when the shares price drop, it don't just penalise the investors, but those who don't take well care of the company.....If this rule is pass on, without any need of further regulation, all industries ( as long as it is public listed ) will be self regulated......because the top management will be concern about their own pay check…… Instead of spending big money on hotel stay and luxury function……..Top management get monthly salary and director fee, while investor get dividends….
*
*
Whenever anywhere, anytime, there is election campaign.....We can use this to question your candidate there….. if you agree on my point, please share with many people as possible.... Finance and Media are the two only industries can shaken politics ( Maybe Hackers can ), please help to highlight also...

Also recently some comments say that Respectable Mr Buffet had start buying, yes, he started buying with guarantee return of 10% annually….. Do we individual investor had the same offer…. If yes, I will definitely join in and buy……and the institution will definitely wouldn't short of money if they offer the same terms to the individual investors..... When ever in the history previously did Mr Buffet claimed that he bought shares.....

*
Blog
http://remindmyselfinstock.blogspot.com/
*
Facebook, come and join as a friend and share with your friends…..
Remind.myself@yahoo.com

Eg:
Just image, Institution lent out the shares already, in their hand, they don't have any stock or shares already, but Institution know that in the market, there are those individual investor who borrow the share going to sell the stock, so Institution naked short also, because there is no restriction on those Institution that those stock or shares that lend out, cannot be trade by the institution at that moment.

Anonymous said...

Throw away superior mindset and read the useful financial tips…..
http://www.tankinlian.blogspot.com/

Judith Ellis said...

Thanks, anonymous, for your comments. I'll check out the blogs you reference.

Judith Ellis said...

anonymous - Your point about dividends vs. salary and director fees is interesting as well as and the guarantee return of Buffett and not others? Hmm?

Some years back a good friend gave me a book to read that I found exceptionally interesting, Reminiscences of a Stock Operator by Jesse Livermore. I've gotta dig this book out again.

If I'm remembering correctly Livermore was a contrarian, as Buffett, who bought when others ran and ran when others bought. He also was one who could make money in any market my shorting. He seemed to understand that markets are people.