Wednesday, March 29, 2006

There are just two things I can't stand in the investment community

One is Warren Buffett - the no good lying insurance salesman/pump and dump scumbag.
And the other are Penny stock pumpers.

Both no good lying POS of shit in my book.

So why are all my google ads catering to this lack of character?

Comments:
There's reasons to not like Buffett's style, even some of his results but the man is impecable and he his the archetype of long term investor. Pump and dump? He hardly ever sells.
 
Warren Buffet shares an office with Kiewit construction.

Kiewit Construction gave birth to Level 3 LVLT.

The former CEO of Kiewit Construction is the top shareholder of LVLT and on the board for LVLT, and on the Berkshire board. And a close friend of Warren Buffett.

LVLT is a debt ladden telecom. During the great credit crunch thatt he 2000's are know for obviously a funding from a friend would go a long way.

LVLT gave 33% of the company to Warren Buffett and friends in exchange of accepting a 500 million dollar loan at 9%. They gave 33% of the company away for 5% of the total funding LVLT has aquired!!!

But not to worry "buy hold" Buffett was in the loop.

Warren Buffett first took the 33% of the company. Made it public he was a shareholder. The stock shot up from $3.00 to $7.10.

Quitely "buy hold" Buffett dump 100% of his holdings.

The very people this guy shares an office with/his friends were destroyed.

The "buy hold" crap is bullshit. Buffett is a day trader that uses his name to exploit the public. If you follow Buffett you will be one day late and a dollar.
 
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