Warren Buffett

Hot Links: Buffett vs HFT, Denninger vs Kneale, Iran vs Everyone

Stuff I’m Reading this Morning… Warren Buffett and Vanguard’s Jack Bogle come out against High Frequency Trading.  (ZeroHedge) Consumers deleveraging big time.  Not sure why this didn’t get more attention when announced yesterday, big story.  (FTAlphaville) Iran is getting close to a big nuclear breakthrough…maybe Obama should have lunch with them or something, maybe a…

Hot Links: So Cute Your Head Will Explode

Stuff I’m Reading this Morning… 8 Reasons Goldman Sachs Says Buy The Chinese Selloff.  (TPC) Sex offenders living under a bridge receiving stimulus money.  I’d say that “stimulus” is the least of their problems, yuk yuk yuk.  (DailyBeast) Buffett still selling Moody’s.  Sucks to be a ratings agency these days.  (Bloomberg) Nikki takes us behind…

Hot Links: Buffett & The Bikers

Stuff I’m Reading this Morning… Whistleblower Harry Markopolos says Credit Default Swap fraud will top the Madoff ponzi.  (Clusterstock) Warren Buffett‘s latest op-ed just went up, it’s called The Greenback Effect.  (NYT) Don’t look up, private equity firms are about to drop some REIT IPO’s on us.  Sold to you.  (DealBook) Chinese pig farmers speculating…

More Hot Links: Weinstein, Buffett & the US Consumer

More Hot Links for Weekend Reading… Deconstructing Warren Buffett‘s latest 13F filing.  What’s the Oracle up to with his stocks?  (DividendGrowthInvestor) The rise and fall of the Weinstein brothers.  (NYT) This is the post of the weekend:  Tyler Durden takes a detailed look at the US Consumer (with a bit of help from McKinsey).  (ZeroHedge)…

Hot Links: Ratings Agencies, Europeans and the Power of "No"

Hot Links for Weekend Reading… OMG you guys, I love it when you hear that famous people are friends, I like to come up with my own combinations and pretend they hang out…like Kevin James and Phillip Seymour Hoffman…ok, sorry…so Bill Gates and Warren Buffett and Oprah and Ted Turner and Mike Bloomberg and all…

Cramer Calls Out Roubini

“Does Roubini favor nationalization because he has people short through this RGE Monitor outfit? Is that what this is all about?” James Cramer, May 5th 2009 The Beef between Cramer and Roubini is heating up. Today’s op-ed piece in the Wall Street Journal by Nouriel Roubini makes the point that “We Can’t Subsidize The Banks…

Warren & Becky Sittin' In A Tree…

It’s springtime, so that can only mean one thing…yes, Becky Quick is in position for another Berkshire Hathaway Annual Shareholders Meeting in Omaha. Let the lovefest begin. As sure as the Swallows return to Capistrano each year, Becky and her camera crew will show up for their standing hotel reservation deep in the heart of Buffett…

The Goldman Sachs Backlash is Picking Up Steam

  Goldman Sachs (GS) has been able to stay above the fray more than most of its (former) competitors over the last 6 months.  Its share price has stayed above single digit-ville and Buffett‘s investment in the company was seen by many as the Omaha Good Housekeeping Seal of Approval.  Now that AIG has been incinerated…

Mooooooody's Tries to Prove its Not a Joke

This is classic.  After years spent gorging itself on fees from slapping paid-for “quadruple A” ratings on junk bond garbage, Moody’s (MCO) has decided now, in the Spring of 2009, to start downgrading stuff. Not only have the horses already bolted the barn, the barn itself has burned down and is a pile of smoldering ashes. Moody’s put…