Thread: Larry Swedroe blog: Nouriel Roubini Versus Warren Buffett

If I were investing for infinity, as Buffet is, then I'd probably be 100% equities too. I think infinity qualifies as the "long run" doesn't it? However, I live in the real world and might need to find something in my pocket besides lint when I need a couple shekels for a cuppa Joe.

stratton wrote: unclemick wrote: swyck wrote: Adrian Nenu wrote: Buffett also owns 10.5 million shares of Union Pacific and 6.4 million shares of Norfolk Southern. Does he get to drive the train? Maybe - but I get a free calender every year for my few shares of Union Pacific. heh heh heh - So what happened to the Norwegian widow's dividend checks when lots of companies cut them? Paul At least for UNP she got a calender. Not so for BAC,...

One thing: I feel sure that Warren Buffett spins his comments. This is not a transparent or straightforward man. He does whatever he does for whatever good reasons he has, but he does not share his investment strategy with the general public. He is a little too ready to present whatever he is doing as an obvious application of homespun wisdom, and a little too ready to mention creditable motives that could be seen as consistent with his...

baw703916 wrote: Kevinaom wrote: Indeed, the BNSF network is West - East and specifically designed to move goods made in Asia into the United States. I was at a BNSF conference where all they talked about was the need for billions of dollars of GOVERNMENT money to shore up the rail coming out of the west coast ports. Going back 150 years, every major rail line in the U.S. is east-west. It's a matter of geography. There simply isn't...

Buffett also owns 10.5 million shares of Union Pacific and 6.4 million shares of Norfolk Southern. Adrian anenu@tampabay.rr.com

Adrian Nenu wrote: Buffett also owns 10.5 million shares of Union Pacific and 6.4 million shares of Norfolk Southern. Does he get to drive the train?

Kevinaom wrote: Take a hard look at the new South to North corridor. The West - East was true as our Country expanded but with mfg continuing to move to Mexico in droves, the movement out of Mexico is huge. The Kansas City Southern has built an effective railroad that goes from the deep water port of Lazaro Cardenas through Monterrey, Houston then up to KC. KC is a perfect place to move product. Mfgs are leaving China and moving back to...

Kevinaom wrote: I think there are two points which need to be mentioned: 1) I do not believe Buffet when he says the BNSF is a bet on the US Economy. Indeed, the BNSF network is West - East and specifically designed to move goods made in Asia into the United States. I was at a BNSF conference where all they talked about was the need for billions of dollars of GOVERNMENT money to shore up the rail coming out of the west coast ports. So, the...

couple of blogs getting into it on Warren's backing of Goldman Sachs tax credit (attempted) purchase of fannie mae tax losses Plus an amazing chart of how much Buffet's companies have been helped by all the bailouts http://www.fundmymutualfund.co....uffet.html

Lbill wrote: Quote: Felix Salmon of Portfolio went one step further and then notes that while Roubini's 401k is in equities, he has his interests in his firm as well as a lot of cash on the sidelines. You would have to be an idiot or a fool to believe Roubini is 100% in stocks given his viewpoint, wouldn't you? But it makes a good headline in the National Enquirer. "he has his interests in his firm". That...