The Real News From Omaha: Buffett's New Managers Are No Buffetts

Buffett does not look at one quarter or one year...he is looking at a 5 year horizon, or longer...If someone panics and is always a rapid buyer and seller of stocks that is a plan for longterm underperformance. Buffett realizes this fact...many others apparently do not.

Whoever is satistified whith what he does, has reached his culminating point------ He will progress no more

What was left out of this is that all four managers have beaten the market (some considerably according to Munger) since the beginning. However, I think Buffett has beaten the market every year, so maybe some of it is justified. Maybe...

If I were Warren, I'd be worried about what happens to my money after I die. I don't think I could enjoy a nice, peaceful, stress-free death.

No. It is worse than that. The man is violating the same principles he established such as no derivative trading. His investments in WFC and Goldman Sachs will serve as a sad reminder that his mind has been impaired and polluted. I am betting against him this time, for the first time. The minute I saw him saying on CNBC that banks can earn their way out of this, I almost fell off my chair. I have written him off until he shows me his former self.

No. It is worse than that. The man is violating the same principles he established such as no derivative trading. His investments in WFC and Goldman Sachs will serve as a sad reminder that his mind has been impaired and polluted. I am betting against him this time, for the first time. The minute I saw him saying on CNBC that banks can earn their way out of this, I almost fell off my chair. I have written him off until he shows me his former self.

"Eternal Sunshine"? "Liar Liar"?About the "Yes Man" that journey begins and ends at the self-help shelf...

He jumped the shark with Becky Quick.

Don't worry Warren, Obama's got your back.. he's raising the death tax, so the government will catch you on the way out.

Compassion is something we develop with practice... It involves two things-----intention & action.

Warren Buffet is the best of the best, that's why he is the world's second richest man, worth over 37 billion. I don't think anyone can replace Buffet.

I guess I did considerably better than Warren Buffet last year. I made 3 1/2% on my FDIC insured savings account.

I guess I did considerably better than Warren Buffet last year. I made 3 1/2% on my FDIC insured savings account.

Have you entered the storehouses....... which I reserve for times of trouble? (Job)

buffett wont discuss MOODY'S MOODY's cause buffett was crooked and implicit in rating mortgage back securities AAA that were really garbage buffett is not pure!

stop hyping buffett he was around from 1973 --- the beginning of the BULL MARKET he is just a BULL MARKET success

LOL buffet is the only guy on the billionaire list who made his money purely by investing & growing. Most others have build companies on services or products & mergers. Buffet has simply invested in companies he's felt good about & left them up to their management to keep ahead of the game & focus on their talents & areas. He's the perfect example of a true holding company. He's own of a kind. And his views like looking long term & buying & holding even in down turns is true now even more so since reality has waken everyone up again that good times are not always going to be there & that no matter who you are or what you do the good times don't keep rollin. But that the good thing about down turns is they open up new avenues or possibilities & at some point will go up again. Its not about one night hick ups or one good year it's about steady dependable returns year after year over the long haul. Who wants a QB who has a year or two of good even stellar perforances over a dependable qb who year after year will get you to the post season even if you dont always win the big game. Especially if you paying millions? Commonsense is coming home again. All you morons crying sell deserve to lose everything.

wow, can you say disconcerting on more time?

Looks like grandpa doesn't have the touch anymore. He should retire and play golf with the plad pants and yell "Four, I should have yelled two" as he hits someone in the nuts with a skulled 9 iron.

He's my hero