Berkshire Hathaway Inc. Message Board
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AXP reversal !
.........Noticed a nice move by AXP yesterday
reversed by todays market. Both CNN and AP blame today's
down Dow on Asian jitters and Lewinsky's immunity deal
!! AP says the market has fears over the "threat of
instability in Washington" What instability are they talking
about ?? I would guess that half those AP stringers
were in diapers the last time the I-word [impeach] was
thrown around with Nixon.....and he had the stones to
really make a Constitutional crisis. Clinton's a
marshmallow compared to him. Does Asia + Lewinsky = the
beginning of the long expected DJIA correction...and buying
opportunities for WEB. Comments??-
Mr. Bobo:
> Clinton's a marshmallow
compared to him.
I disagree.
Nixon was a
petty thief compared to a high traitor. Nixon, so far
as I knew, did not offer government jobs to those
who slept with him, have people killed, or take
bribes from our country's worst enemies in order to make
disasterous US policy. He didn't lie daily to the US people,
he didn't keep secret FBI records in his personal
quarters, he didn't sabotage the Secret Service's job of
keeping the White House secure from criminals. His
brother wasn't a petty drug criminal. Nixon's wife didn't
commit securities fraud in order to take home bribes
while he was in a lower office such as governor. Nixon
didn't exploit the federal government's obscene banking
subsidies to fraudulently sell and buy the same riverfront
property.
P.S. Clinton is the first president who would not have
been eligible for a US security clearence, except for
the fact that he was the president.- 3 Replies to Keith_Weiner
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You are right about our boy president. I'd rather have a snapshot of Nixon in the Oval Office than to have "Slick Willie" in the flesh. Kudos! ljh
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.....for refreshing my memory of Clinton's long
history of dishonesty. I think that you and I could sit
down over dinner and talk long into the night over
which president did the most damage. Here's what I
don't understand about today's AP and CNN
report.........Why does the Dow react today to Clinton's Lewinsky
scandal? The Dow had no trouble with the selling of the
Lincoln bedroom or the selling of rocket technology to
the Chinese. The Dow didn't mind Vince Foster or
Paula Jones; totally shrugged off the various Cabinet
officer's indictments: could care less about Webster Hubble
and the Rose Law Firm. But now, all of a sudden
today, the market reacts to the upcoming testimony of a
23 year old woman ! The only conclusion that I can
draw is that the Market feels that the Monica thing
has the most potential for harm to the economy.
Ironic......isn't it? -
"Dittos" regarding Clinton.
Greg
PS: I still think you are a Libertarian.
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Since 6/30/98 brokerage statements I'm ($100,000)
on my "A" share were I to sell at yesterdays
close.
At $84,000/A I put a stop limit loss on at 66,000 or
worse.
regardless of peoples "JERRY SPRINGER"
approach to investing i.e commentsof
vaseline and IV(
no I know not medical) can someone provide rational
dialogue for both volume and price actions?
Who is
selling? Instittutuionals $, Sequoia, Oakmark, ....surely
not widows and orphans?
If stock overvalued at
80+ then GRN for stock was a discount to future
value, but @ 66-69,000 why shouldn't one think it's
fairly priced?
Yes pass through co.'s have been
hit, but what about impct of whollyoned operating
units so proudly lauded in the
"OwnersManual"
Please....some quantifiable information and not the fact that "
a young woman with an overbite and her mother" get
immunity.
Gawd forbid if that's behind BRKA/B then
WB should sell Catastrophe insurance to all
political parties.
Sen. Orin Hatch and Janet Reno are
exempt as having "pre-existing conditions" caused by
their chronic attack on MSFT
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