How strange that you, of all of us, would prove to be the most hopeful.

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Oblivious or Subversive?

From a Bloomberg article attempting to divine reasons behind Warren Buffett’s behavior:

“It’s not like Pearl Harbor where you could look at what happened with your own eyes and decide you had to do something that day,'’ Buffett said on the cable channel. “This is sort of an economic Pearl Harbor we’re going through.'’

Michael Yoshikami, president and chief investment strategist for YCMNet Advisors in Walnut Creek, California, which manages $1 billion, including Berkshire shares, said Buffett’s investment will pay off.

This entry was posted on Friday, October 3rd, 2008 at 12:41 pm and is filed under More Bullshit. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed. Edit this entry.

3 Responses to “Oblivious or Subversive?”

  1. Big Says:
    October 6th, 2008 at 11:46 am e

    C) Genius.

    If Warren says it’ll be okay, that’s good enough for me.

  2. al Says:
    October 6th, 2008 at 12:22 pm e

    “Oblivious or Subversive?” in reference not to Warren’s analysis but to the followup graf quoting a guy named “Yoshikami”…..

  3. Big Says:
    October 8th, 2008 at 4:44 am e

    Oh. You can see how my comment applies anyway.

    I say subversive. I bet Yoshikami didn’t hear the “Pearl Harbor” quote until after the story ran, or maybe when he got an angry phone call from his mother.

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