I caught some of Warren Buffett on the CNBC special this evening in CM. On the streaming news at the bottom were "headlines" from earlier in the interview. One was that Warren had called a recession. Another was that he saw things now as different from the 70s. I am interested in the (hopefully outside) possibility of a flatline decade like the 70s which I see as more dangerous than a real but timely bear. I did not see what he said, and would love to know the salient points he made about the situation.

thanx....

I caught some of Warren Buffett on the CNBC special this evening in CM. On the streaming news at the bottom were "headlines" from earlier in the interview. One was that Warren had called a recession. Another was that he saw things now as different from the 70s. I am interested in the (hopefully outside) possibility of a flatline decade like the 70s which I see as more dangerous than a real but timely bear. I did not see what he said, and would love to know the salient points he made about the situation.

thanx....

Wot, no-one saw it?

Yes I saw it..

Also saw this a post or two under your own..

http://www.thaivisa.com/forum/index.php?s=...t&p=1852580

BTW Bloomberg a good source of financial reporting...

It may be a good idea to follow what Warren does ... but not what Warren SAYS !

Naka.

It may be a good idea to follow what Warren does ... but not what Warren SAYS !

Naka.

Exactly! Warren Buffet is a lot nicer guy than George Soros, but the MO is the same. They trade for their own accounts.

http://www.msnbc.msn.com/id/23445729/

http://online. wsj.com/public/ resources/ documents/ berkshire2007. pdf