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http://www.zerohedge.com/news/kabooom-berkshire-hathaway-inc-outlook-negative-stable-sp

So Buffet was up and raising hell about S&P on TV this weekend. Either he knew they were about to do this and wanted to 'lessen the blow' with his investors OR he just got pimp slapped by S&P for being a loud mouthed old codger.

Either way, Im cool with it! lol

It seems S&P got them some new cutting tools and they are playing with them today..
 

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http://www.zerohedge.com/news/kabooom-berkshire-hathaway-inc-outlook-negative-stable-sp

So Buffet was up and raising hell about S&P on TV this weekend. Either he knew they were about to do this and wanted to 'lessen the blow' with his investors OR he just got pimp slapped by S&P for being a loud mouthed old codger.

Either way, Im cool with it! lol

It seems S&P got them some new cutting tools and they are playing with them today..
S&P is borrowing Stossel's big scissors, lol. :D:
 

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Prepared Firebird
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Buffett is just trying to do damage control. Even the once-mighty Berkshire fund has been hit hard in the last couple of years......and he knows this.

I still think he is one of the great all-time investors.......with a superb mathematical mind. But, he has been telling people that things are going to be okay, for a couple of years, now, and that it was a great time to buy stocks in America. Anyone, who followed his advice probably has been watching the market for the last couple weeks and wondering "why" they believed him, as they watch their stock market investment go bye-bye.

It is one thing to buy stocks when you are a multi-billionaire and stock market losses can't wreck you, financially........and quite another to advise small investors to buy, buy, buy, knowing full well that Joe the Plumber can't afford to lose his shirt and hat in a stock market crash.

The good news is that I think the stock market can't drop any lower than zero.
 

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I have little respect for the Buffet and his type. Without question he is brilliant, but somewhere along the way has lost his soul and forgotten the free market system that gave him to opportunity to make a fortune. He has thrown his hat into the ring of the socialist elites in power in the hope that his legacy will be that of a philanthropist instead of a corporate raider. Despite the smiles and Wilfred Grimley charm, he's no better than Carl Icahn.
 
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