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Author: knighttof3 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 457420  
Subject: Re: Catastrophe theory, instability, risk Date: 10/11/2012 5:38 PM
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I think most investors, if not all, perhaps except warren himself, everyone bets against warren. That's how the market works.

Unless your holding absolutely matches to warren you are bettering against him. Plain and simple.


That's plain silly. I can hold different opinions than WEB and yet not bet AGAINST him. For example, he has said he doesn't understand tech stocks. I claim that I do and I buy INTC and DELL. Or: WEB buys BNSF, I have no opinion on railroads and don't buy any. How the heck is this betting against WEB? Stop talking like Bush.

Because you think Wells Fargo is not the best place for your money and Warren thinks that is the best place.
You just contradicted yourself. WEB thinks (as an example) Wells Fargo should be 20% of his portfolio, I am more comfortable with 5%. Sure I could be wrong but it's not betting against WEB.

OTOH, shorting SPY or getting out of US stocks (like investors did last year, to the tune of $138 billion I believe) is directly opposite of what WEB is saying and doing, which is to invest more and more in US businesses and converting his personal portfolio from US bonds to US stocks, 100%.
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