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I wonder if Buffett is for or against the keystone pipeline? After all he owns Burlington Northern Santa Fe Railroad. A pipeline would cut into all those profits from hauling crude oil out of North Dakota.
MTB's mortgage dep't never sold its mortgages they were kept in-house as they avoided the AIG and speculative stock losses with the bank's capital but its stock seems a little overpriced right now.....still pays a nice dividend though......MTB was solid throughout the banking crisis, and is an American company based (I think) in Rochester NY......I can see why Buffett held on to "empty
I guess I will have to agree with Fatty, SOME jealous forum morons and losers..
Buffet is pretty good at what he did, along with getting lucky to some extent...
But it took about 50-60 years, of work, planning, researching and investing...
His friend and cohort Charlie Munger, worked fairly hard to get where they are at.
Obama and guys like him, weren't really responsible for any of it...
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[BRIEFING.COM] The stock market capped the trading week with losses across the major averages. The S&P 500 fell 0.5% to surrender its weekly gain, while the Dow Jones Industrial Average (-0.7%) and Russell 2000 (-0.9%) underperformed. The two indices posted respective losses of 0.8% and 0.6% for the week.
Equity indices were pressured from the get-go after several heavyweights disappointed the market with their earnings and/or guidance, which led to some broader profit-taking. After ... More
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