Is Warren Buffet REALLY that Smart Anymore ?


	Is Warren Buffet REALLY that Smart Anymore ?

leevardi

9-21-2009 5:10 PM

29 views

leevardi says:

.....looks like he's made another BIG BOO-BOO !

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/851e9324-bbe6-4572-95d7-142a59a0bb16/75028F0E-2A80-41CF-A984-F73BAD4ED508/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.businessinsider.com/bove-wells-fargo-sitting-on-a-volcano-about-to-explode-2009-9" href="http://www.businessinsider.com/bove-wells-fargo-sitting-on-a-volcano-about-to-explode-2009-9" style="font-size: 11px;">www.businessinsider.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessinsider.com/bove-wells-fargo-sitting-on-a-volcano-about-to-explode-2009-9"><B>Top Warren Buffett position could implode soon</B></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessinsider.com/bove-wells-fargo-sitting-on-a-volcano-about-to-explode-2009-9"><DIV>
As we wrote earlier this week, outside experts hired by Wells Fargo to examine its books are reportedly shocked at the bank’s exposure to derivatives trades it took on when it acquired Wachovia, fearing these may trigger huge losses at the bank.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessinsider.com/bove-wells-fargo-sitting-on-a-volcano-about-to-explode-2009-9"><DIV>
And now Dick Bove is also worried about the bank, seeing a “volcano, with numbers of tremors, that is possibly about to blow.”</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessinsider.com/bove-wells-fargo-sitting-on-a-volcano-about-to-explode-2009-9"><DIV>
<A href="http://www.businessinsider.com/bove-wells-fargo-sitting-on-a-volcano-about-to-explode-2009-9" target="_blank">Read full article...</A></DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.businessinsider.com/bove-wells-fargo-sitting-on-a-volcano-about-to-explode-2009-9"><DIV>
	<STRONG>From Clusterstock:</STRONG> </DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/75028F0E-2A80-41CF-A984-F73BAD4ED508/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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