http://www.creditwritedowns.com/2008/10/quote-of-day-warren-buffett-2.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 http://www.creditwritedowns.com/2008/10/quote-of-day-warren-buffett-2.html#comment-509 Edward Harrison Thu, 23 Oct 2008 18:11:00 +0000 http://www.creditwritedowns.com/2008/10/quote-of-the-day-warren-buffett-2.html#comment-509 wag the dog, that's a great quote! I like it. And Stevie, I sold my Treasury Inflation Protected Securities two weeks ago. Deflation s now taking hold. Bonds might be a good bet here. wag the dog, that’s a great quote! I like it. And Stevie, I sold my Treasury Inflation Protected Securities two weeks ago. Deflation s now taking hold. Bonds might be a good bet here.

]]> http://www.creditwritedowns.com/2008/10/quote-of-day-warren-buffett-2.html#comment-510 Stevie b. Thu, 23 Oct 2008 18:06:00 +0000 http://www.creditwritedowns.com/2008/10/quote-of-the-day-warren-buffett-2.html#comment-510 Edward - fair enough, but as you know, the market is supposed to reflect expectations a fair way into the future of "reality" at that time. Deflationary expectations are the conventional wisdom now. IMO it's the results of the desperate and totally undisciplined measures that will be taken to avoid deflation that we should now be starting to try and anticipate. The powers-that-be will not allow themselves to be overwhelmed by deflation! Edward – fair enough, but as you know, the market is supposed to reflect expectations a fair way into the future of “reality” at that time. Deflationary expectations are the conventional wisdom now. IMO it’s the results of the desperate and totally undisciplined measures that will be taken to avoid deflation that we should now be starting to try and anticipate. The powers-that-be will not allow themselves to be overwhelmed by deflation!

]]> http://www.creditwritedowns.com/2008/10/quote-of-day-warren-buffett-2.html#comment-506 Stevie b. Thu, 23 Oct 2008 17:26:00 +0000 http://www.creditwritedowns.com/2008/10/quote-of-the-day-warren-buffett-2.html#comment-506 I'd just about apply Buffet's quote to gold. Started at 750 - desperately want it to go to 650 and then 550 for the best hedge I can think of vs. cash/deflation. Bonds scare the hell out of me at these levels. I’d just about apply Buffet’s quote to gold. Started at 750 – desperately want it to go to 650 and then 550 for the best hedge I can think of vs. cash/deflation. Bonds scare the hell out of me at these levels.

]]> http://www.creditwritedowns.com/2008/10/quote-of-day-warren-buffett-2.html#comment-505 Wag the Dog Thu, 23 Oct 2008 17:12:00 +0000 http://www.creditwritedowns.com/2008/10/quote-of-the-day-warren-buffett-2.html#comment-505 “Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.” - Sir John Templeton “Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.” – Sir John Templeton

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