I read in LA Times that he strongly urges governor to ditch proposition 13. He�s extremely rich and can afford such measure, but millions of fixed income people will be driven out of their home.
For some, real estate is an opportunity to speculate and make quick bucks like flipping pancakes, but for a majority it�s a home that provides a shelter and hopefully pass-on gains to future generations, nothing more, no fancy cruises, no me-too Neiman Marcus shopper; Buffet want to deprive their privilege for... You go figure.
For those with bullish view in Korean market, ask yourselves why KOSPI was hovering around 300 when US experienced mild recession in 2002? In previous post, I stated to be careful when this man becomes excessively vocal; and this doomsday may come a lot sooner than I anticipated.
You delued loser,it's well known fact only poor Korean immigrate to lamest country like Canada. because your loser gov't recuiting them and it's much cheaper to live there than Korea, where Korea is now Asia's most expensive place to live. Anyone with money and sane mind people wouldn't go to one of the lowest standards of living on earth country like Canada.
Buffet said that Korea was "moderately better than other markets, check CNBC for his interview. Unless Korea de-Chaebolizes it is in for a big shock. The top companies have too much power. They built Korea up and unless they change they will be the downfall.
Are you really that na�ve to believe his positive views on Korean market? When this man speaks, watch out.
Many times in the past, I�ve seen him become excessively vocal just right before something bad is about to hit. Remember 2001 crash and his speech at Berkeley several months prior to it? This man sure knows publicity and use�em to maximize his profit, probably at a cost of your life savings. Ever wondered why Berkshire Hathaway suffered very little when many investors lost greatly during crash of 2001?