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Even Buffett is not perfect!
Jul 16, 2008 04:40
  • ZOEY
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As Reuters reports, Warrant Buffett's Berkshire Hathaway Incorporation also becomes bearish. Berhshire's A shares fell 22.5 percent compared its record of 151,650 dollars on December 1st last year. Yesterday, they fell again about 1650 dollars.

It is said that the shares of Buffett's insurance and investment corporation has fallen 20 percent compared with its recent peak. It is the first time that such a drop has happened since Feb, 2003.

Usually, if the shares of a company fall above 20 percent, people will think that it has gone to the bear market. Right now, Buffett's Berkshire Hathaway Inco. has fallen 20 percent. In this regard, Buffett's Berkshire has been in its bearish period.

It seems that "Even Buffett is not perfect.".
Jul 16, 2008 21:11
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  • SHESGOTTOBE
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'Course not. I'd be really surprised if anyone says he is.
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