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he is an obamageddon supporter so lol
1 posted on 05/10/2009 9:23:42 AM PDT by FromLori
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To: FromLori

http://www.businessinsider.com/insider-selling-at-a-furious-pace-2009-5


2 posted on 05/10/2009 9:25:40 AM PDT by FromLori (FromLori)
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To: FromLori

“Buy and Hold” doesn’t work during deflation.


3 posted on 05/10/2009 9:26:56 AM PDT by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: FromLori
In 2006, we paid about $690 million in federal tax on capital gains and that payment can only be fully recovered if capital losses of at least $1.98 billion are taken in 2009.”

Smoke and mirrors due to the tax code.

4 posted on 05/10/2009 9:28:42 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: FromLori

I suspect bad bets commodity derivatives are the way Wall Street firms got us into this mess last year.


6 posted on 05/10/2009 9:34:34 AM PDT by fso301
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To: FromLori

DOW has tripled since its low, under $6 > $17.

COP is my personal fave oil stock. Was a great buy under $40. Still probably good for $60.

It’s possible that selling these was a good tax move for Mr. Buffett.


8 posted on 05/10/2009 10:06:43 AM PDT by Attention Surplus Disorder (Mr. Bernanke, have you started working on your book about the second GREATER depression?")
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