Comments on: Warren Buffett Helps Goldman Sachs Sedate Bears

By: 353bill303

353bill303 — Fri, 26 Sep 2008 09:55:51 +0000

Thanks, OilyGasMiner. Keep those fingers crossed. Maybe a toe or two, too.

By: OilyGasMiner

OilyGasMiner — Thu, 25 Sep 2008 19:23:02 +0000

Great read 353bill303, I enjoyed it.

By: 353bill303

353bill303 — Thu, 25 Sep 2008 13:08:33 +0000

Confusion reigns as the US struggles to cope with a potential economic disaster where even experts don’t have a definitive fix. In conditions of ambiguity and conflicting opinions, one of the worst coping tactics is “find-an-enemy-and-lose-your-confusion.” This defense gets rid of confusion only temporarily, by accusing the other side of deception, ignorance, misguided policies, etc. The underlying confusion remains. Where do we turn? Much as we would like to believe in Buffett, his defenses against confusion are no more profound than outs, though better funded.
Read more about this and some 20 other defenses against confusion in “Lethal American Confusion” described on http://www.AmericanConfusion.com.

By: OilyGasMiner

OilyGasMiner — Wed, 24 Sep 2008 17:00:33 +0000

I think its safe to assume that Buffett is the Rockerfeller of the day. He’s been very very patient passing on deal after deal, but it seems he’s found his company of choice. With Buffett leading the way for investors I believe this will be viewed very positively thereby giving the market a much better overall sentiment. However if Buffett were to renege on the deal, like BoA to LEH, then this could create the largest dump we’ve seen in the market. Lets hope this paves the path for the re occurrence of large cash infusion as was the case during the 29’ Crash. I’ve got my fingers crossed.