03-09-2009, 09:56 PM
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#52 (permalink)
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Ahoy Fuckbag
Join Date: Sep 2008
Location: In a pineapple under the sea
Posts: 3,540
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Quote:
Originally Posted by Ugly Bastard
Buffet's right about inflation but wrong about the market recovering (he was calling "buy" at Dow 10k). This market isn't recovering. There might be some short rebound that serves as a good point to dump whatever stock you have left, but the 2-4 year picture is very gloomy. I think if the market is break-even two years from now relative to where it closed today, that's a significant achievement.
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So how low do you think it can go? If it goes much lower it is going to fall into global wealth consolidation conspiracy range.
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Quote:
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You often seem to think that the lowest-hanging-fruit makes you some sort of comedy genius. You're just not a good person. You're spiteful, constantly negative, and bring others down to make yourself feel better. I just don't have room for that.
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