Warren Buffett's a Shyster
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Re: Warren Buffett's a Shyster
There's also a Warren Buffett-esque character in "House of Cards". (Played by Simon and Simon.)
"Now remember, when things look bad and it looks like you're not gonna make it, then you gotta get mean. I mean plumb, mad-dog mean. 'Cause if you lose your head and you give up then you neither live nor win. That's just the way it is. "
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murphy_p_t
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Re: Warren Buffett's a Shyster
isn't he also a crony capitalist extraordinaire?
Re: Warren Buffett's a Shyster
Has that term replaced fascist?murphy_p_t wrote: isn't he also a crony capitalist extraordinaire?
I think when you're a republican you're a crony capitalist and when you're a dem you're a fascist right? Please someone correct me, I can't keep up with the lib-con doo-doo head names.
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Libertarian666
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Re: Warren Buffett's a Shyster
I have read somewhere that if you remove GEICO from his results, he has underperformed the S&P overall.
In other words, he made one fabulous (lucky, brilliant, whatever) trade, and the rest is all hype.
In other words, he made one fabulous (lucky, brilliant, whatever) trade, and the rest is all hype.
Re: Warren Buffett's a Shyster
brk.a is at $201,000 today...
"Well, if you're gonna sin you might as well be original" -- Mike "The Cool-Person"
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"Yeah, well, that’s just, like, your opinion, man" -- The Dude
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dualstow
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Re: Warren Buffett's a Shyster
I think you read wrong. Berkshire didn't even own Geico until '96, long after W.B. had established his track record.Libertarian666 wrote: I have read somewhere that if you remove GEICO from his results, he has underperformed the S&P overall.
In other words, he made one fabulous (lucky, brilliant, whatever) trade, and the rest is all hype.
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Libertarian666
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Re: Warren Buffett's a Shyster
He didn't buy it until 1996, but according to Wikipedia (http://en.wikipedia.org/wiki/Berkshire_Hathaway):dualstow wrote:I think you read wrong. Berkshire didn't even own Geico until '96, long after W.B. had established his track record.Libertarian666 wrote: I have read somewhere that if you remove GEICO from his results, he has underperformed the S&P overall.
In other words, he made one fabulous (lucky, brilliant, whatever) trade, and the rest is all hype.
" In the late 1970s, Berkshire acquired an equity stake in the Government Employees Insurance Company (GEICO), which forms the core of its insurance operations today (and is a major source of capital for Berkshire Hathaway's other investments)."