OK, so I know this thing about not timing the market leads to a lot of debate. One thing you always hear when talking about this is that Warren Buffett himself is a market-timer. Well, yes, he has made comments on the market over the years; in 1999/2000 warning of a high market cap to…
Tag: Buffett
Perils of Trying to Time the Market II
My last post reminded me of the second post I ever made on this blog back in 2011. I didn’t know it was my second post until I just looked back and checked. There are some prominent commentators these days, even an economist that runs a mutual fund based on his econometric analysis. The newsletter…
What To Do In This Market
After such a huge rally since the great recession, and now after a huge runup this year people are wondering what to do with their money. Many are afraid that the markets will tank as they are getting bubbly and there will eventually be tapering that will most certainly be devastating to the markets. But…
Corporate Profits-to-GDP: Why Doesn’t Buffett Care?
I haven’t posted in a while but that’s because I was busy with all the conference calls, annual reports, and of course, keeping up with all the stuff coming out of the Berkshire Hathaway annual meeting. Anyway, there is plenty of stuff out there on the annual meeting and I don’t have much to say…
Mr. Market versus Mr. Buffett
Not to beat a dead horse, but this Wells Fargo situation kept lingering in my mind so I thought I’d make this followup post. It is well understood by value investors but since I have a pretty wide readership in terms of stock market experience, I thought I’d post this because there is something to…
Buffett on CNBC
Buffett was on CNBC this morning. Who has time to sit in front of the TV from 7:00 – 9:00 am? And only the hardcore Buffett-heads would click through and watch all the videos or read the full transcript. (Also, I tell people to listen to Buffett but I know most don’t have the time to…
What’s Important
Goldman Sachs published a lengthy report recently saying that the stock market is a buying opportunity of a lifetime. Of course, the bears are out tearing apart the argument piece by piece. I’ve read the report and some of the very well articulated counter-arguments. First of all, some are laughing at Goldman Sachs’ report saying that it’s…
Hot Stock Tip?!
This is apparently a real post card from Buffett according to Fortune magazine. Buffett did comment on it so it’s real. Notice on the list is the stock Google! Charlie Munger has spoken very highly of GOOG in the recent past and Buffett has become less anti-tech (with his $10 billion+ purchase of IBM) so…
Buffett Likes Japan
I was going through my stack of unread magazines, newspapers, newsletters, notes etc… and came across a Nikkei Weekly from November, when Buffett was in Japan. He has said before that Japan is getting interesting because it is getting cheap. After the earthquake/tsunami in March 2011, he also said it’s a time to buy Japan,…
Buffett Editorial in the New York Times from October 2008
In the midst of the financial crisis in October 2008, Buffett published this editorial in the New York Times. I keep saying this won’t be a Buffett fan site or anything like that, but I do think this is an important editorial that applies today too and I thought I would post it here, ‘for…