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Subject:  Re: Will the Bailout Plan Work? Date:  10/5/2008  6:43 PM
Author:  flyerboys Number:  257803 of 535002

Warren Buffett favored the bailout *after* he had made a large bet that it would be enacted.

I haven't heard a thing that indicates what his view was before that bet.


I have put a fair amount of money into BKH over the last 3 months while I mostly moved to cash. I did not do this based on the image of WB as a kindly and wise old man. My mental image of him is of an old scar-faced pirate constantly checking the latest routes of galleons, the timing of gold shipments, and the going price of virgins.

Great investment, like Queen Elizabeth's in Sir Francis Drake.

david fb

p.s. I know times are strange when I rec almost every one one of warrl's posts, and it's an election season!
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