Buffett’s view on gold

I posted this last April, as I heard lot’s of people taking about a bubble in gold, and how gold “doesn’t provide a dividend” and how gold “doesn’t make a profit”.   After reading Warren Buffett’s annual letter to Berkshire Hathaway shareholders today, I felt compelled to update the numbers, as Buffett dissed gold pretty bad. […]

Warren Buffett releases 2008 letter

This is a must read for anyone interested in the economy or investing.  Warren Buffett dispenses common sense in large quantities, and he’s especially good at learning from his mistakes – to which he freely admits.  I haven’t had a chance to read it yet, and I’ll be interested to see what he says about […]

Buy and hold is dead

I posted this in a MarketWatch.com comment a bit ago and decided it was worth putting here.  This post was in response to another comment about the importance of having a long term (10 years) time horizon when investing.  I disagreed.  🙂 Here’s the post: So if you put $100,000 into the S&P 500 10 […]

Daily Reckoning

I get an email every day from a financial website called the Daily Reckoning.  It’s mainly good stuff, once in a while they go a little off (as Aussies sometimes do) but it’s mainly good reading. The email I received yesterday contained this: “Buffett says inflation is exploding,” according to CNNMoney. What can people do? […]

The bad 2%

I said most of this last week, but Paul Farrell probably says it better in this articleposted on MarketWatch tonight.  I also talked about Warren Buffett a bit last week when he posted his annual letter to shareholders, but Mr. Farrell quotes both Buffett and PIMCO bond guru Bill Gross when he says “Buffett and […]

Buffett moves into bond insurance

It’s never wise to bet against the Oracle of Omaha, Warren Buffett.  It looks like he’s using the substantial resources of Berkshire Hathaway to move into the bond insurance arena.  Bond insurer’s are the ones left holding the bag IF the entity which issued the bonds (business or government) defaults on the bonds they’ve sold and […]