How to make money in Buffet’s way in stock market

Sep.24, 2008 in Investment Opinions

If I were Warren Buffet, and former Goldman Sachs top gun Hank Paulson were the Secretary of the Treasury, and if Paulson had submitted a plan to make himself the Dictator of the United States, I would probably buy Goldman Shares too.

But, let’s ask ourselves a question here. How does Buffet invest? He likes growth stocks. He likes to buy low and sell high. Very smart. He likes to buy when everyone else is selling and sell when everyone else is buying. Good policy. That’s how one makes money.
How much money would Warren Buffet have made if he had bought the equivalents of Citi and Goldman shares that he has purchased recently, if he were doing THAT in 1929?

Buffet’s model depends on someone else actually buying again.

But, Hank Paulson IS the Treasury Secretary and he HAS submitted a proposal to make himself Dictator of the United States, and Hank Paulson was the top man at Goldman, which means much of his own personal fortune depends on Goldman continuing to do well.
I’d say that Warren Buffet knows that the Paulson dictatorship proposal WILL be passed. He probably knows this because he probably has personally called each and every congressman and woman and each and every senator and the President and Dick Cheney, and told them to pass it.

Buffet really likes a little insurance, so when he goes into a business, he makes sure they pass a law that says people have to buy his product. That’s what this Paulson plan is all about. It’s a law that says taxpayers have to buy what Buffet plans to be selling.

Buffet was always on the dark side. He doesn’t care about anyone else. He cares about money. He cares about selling you insurance and furniture. Buffet cares about Buffet.

I wonder what will happen to Buffet’s companies when people can’t afford auto insurance, so by law they won’t be allowed to drive. Interesting. Then, those people would have to start businesses and provide products to their community, closer to home, so they could walk to work, or live at work, like my family does.
Then, the global mega corps would fall to ruin.

Oh, that’s what the Paulson Dictatorship is meant to avoid, anyone except global mega corps being able to own or operate a business.

Buffet IS one of the ringleaders of the Wall Street gang.

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