Betting on America: Buffett Doubles Down on Derivatives, Ups Stakes in Wells, US Bancorp

Hey Dumb and Dumber--who's right, Buffet or you. Is the S&P at 500 yet?

Maybe he is the evil man behind the curtain.... ha ha

Hooray for the long-term investors! The bears and short-sellers are losing their shirts. INVEST in good quality small-cap funds, Energy and Materials funds for 5-10 years of good returns as we emerge from the Great Recession. Last-week's pull-back may be the last chance for bears to climb aboard before the recovery train leaves the station for good.

Because he can!!! He can play in this Sandbox all he wants & has no playmates..excpt the Chinese.

Place your bets, ladies and gentlemen, and don’t forget mouth-off about how productive you are, while you’re waiting for the wheel to stop turning…..

Your right (for a change)--its hard to argue with his track record (unlike yours).

Never double down after losses. That's a loser strategy. Buffet is senile, or has dementia. Remember Nick Leason of Barings Bank double down of Nikkei futures. Buffet should stay away from futures, stupid old man.

Whatever....

I have no idea where the SP500 will go, but I agree with the people who say a lot of boomers will bail when they think they are as close as they can get to recouping their horrendous losses ... then we can really see what the market thinks...

Warren Buffett is smarter than many investors; in addition, he is betting based on intelligence calculation that S&P will likely rebound by15% over the next 10 years. Do investors really believe over the next 10 years, S&P 500 will NOT be up at least 15% (btw, this is not annual increase)? He will likely make money on this transaction --- sovestor.com

The markets can stay irrational longer than most people can stay solvent.. Buffet will stay solvent! Will you?

I can’t imagine spending my whole life playing Monopoly with real money and real buildings, and never getting tired of it. Howard Hughes was more my kind of billionaire, because he had so many things going on besides just piling up more dough. Money was probably the last thing Hughes would want to talk about.

If the market goes to zero, that means we have bigger things to worry about. There comes a point where puts are pointless, so carrying that extra risk makes sense. On the GLD Yahoo board I told them that if they really believe in hyperinflation, they shouldn't buy gold but instead buy calls in companies that are well-run, but happen to be carrying debt. Maybe Buffet believes inflation will hit also, and is starting to employ that very strategy.

To E, your an ass! see the results from 1211.HK. Buffet bought 10% of this company in 2008. It's up 65% in a month! Who's senile? get off the blog!

Buffet knows that nothing happens until the banks start making money again. So he is in early hoping to grab a few points. Then he'll leverage make more money, then leave. Nothing extraordinary here, but you got to have the large amounts of cash to do this and get in cheap. Not for the private investor.

Mirage or reality? Whatever..... Making the peaceful assumption means taking absolute responsibility for your own happiness and peace of mind.....peace of mind as cure for economic woes.....

Buffett is smart to look at the decade time frame. It might look like a bad bet in the short term, but will pay off once Obama and the Dems have been ousted and their spread the pain policies reversed for some actual pro-growth policies instead. That is assuming there are any actual fiscally responsible, pro private sector growth, small government Republicans still out there to pick up the baton. There should be again by that point though.

I CAN imagine spending my whole like playing Monopoly with REAL assets. I hope to do so one day. Why wouldn't you?

The rules don't apply to Buffett the way they apply to everyone else. This is only part of the story, he's hedged and will win regardless.

Wake up people! Buffet has been, is, and always will be in bed with the government and Wall Street over class. These people always win. Small investors are the one that always loose on the long run. Keep investing fools!