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Author: flyerboys Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 464960  
Subject: Re: Will the Bailout Plan Work? Date: 10/5/2008 6:43 PM
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warrl:
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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