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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...
Buffet has a upcoming 1billion$ NCAA bracket challenge and I hope EVERYONE participates. It's free and all you have to do is fill out the bracket sheet when the teams are announced.
Maybe someone can get lucky and snag a billion bucks from this ultra-rich man.......the odds are astronomical but what the heck....it's free.
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[BRIEFING.COM] The major averages began the new trading week on a slightly lower note with small caps leading the weakness. The Russell 2000 shed 0.3% while the S&P 500 slipped less than a point with six sectors ending in the red.
Equity indices began the day in negative territory with only the Nasdaq (-0.04%) making a very brief appearance in the green. After sliding through the first hour of action, the major averages reversed and spent the remainder of the session climbing off ... More
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