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  1. Piston Broke

    No one saw bust coming, says Buffett

    I would add the many insiders and execs would have a much better understanding of situations, events and news ramifications than average joe or the headline hunting journo who is often feed BS anyway. Peter Schiff was pushing his own barrow ie his company that invested for others in the EU. He...
  2. Piston Broke

    No one saw bust coming, says Buffett

    Absolutely! Buffett owns >20% of Moodies (and other financial institution equity) who rated & sold bankrupt garbage as AAA to suck in the gullible investors. He's not the "world's greatest investor", but he is good at taking advantage of the system and it's loop holes. But as his losses show, it...
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