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  • graemew 2013-11-13 08:42
    After i saw the horrible effect of my click ...reducing Ning Jia from 5 stars to 3.7 I felt so bad about it. Initially I thought I would say nothing....because I knew I would look so stupid if I owned up. But I couldn't bear seeing Ning's great article downgraded like that. But yes...maybe in my haste I clicked by accident on the left star rather than on the right...
  • LwC 2013-09-12 10:49
    AlbertaSunwapta, maybe if you peppered your comments with a few Buffett and Munger quotes, you would get some of the respect that 38 years of experience doesn't get around here.
  • dbkingsford 2011-10-12 04:15
    Great name albertasunwapta - are you a skier or just a fan of the rockies?

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  • AlbertaSunwapta commented on James Li's article 01-07 11:06
    Warren Buffett Rings in New Year Bullish on Stocks
    As of Jan. 3, the U.S. stock market is significantly overvalued with a Wilshire 5000 index / gross domestic product ratio of 126.4%. Based on this...
    View all 6 comments
    AlbertaSunwapta 01-07 11:06
    • SeaBud s few posts up makes a good point.  Something to remember is the fact that going into the financial crisis Buffett was mostly in cash and short term FI. In a letter at the time he stated that he could invest $600 million out of his personal account.  Concurrently at that time BRK had a lot of cash but still had a lot of equity positions as well. Recently Buffett has stated they are buying stocks. That doesn't mean he is bullish on equities in general. The fact that BRK is building cash faster than Buffett can deploy it may indicate s lack of good value or a lack of good sustainable companies selling at value.

      Bottom line though is that people have to differentiate the personal Buffett from the fiduciary Buffett. 
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