To: bfree
It's absolutely amazing, I think the loss was 330M-1Bill so far.
The response Warren had on an interview was that, there was no fundamental change in underlying fundamentals that would warrant him changing his mind on the dollar.
I imagine Soros was with him, but I am betting Soros got out with the loss.
Anyways very interesting that super stock pros have miscalucated...
8 posted on
07/04/2005 1:30:00 PM PDT by
Flavius
("... we should reconnoitre assiduosly... " Vegetius)
To: Flavius
Soros covered the bulk of his USD shorts between July and November of last year, having made a nice profit over roughly 2 1/2 years. Buffett is reported to be still heavily short (but I won't vouch for the accuracy of the sources I've got on this topic).
12 posted on
07/04/2005 2:14:11 PM PDT by
SAJ
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