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Warren Buffet on Wall Street Bailout and some good advice.

This is an excellent video / audio of the Worlds Greatest Investor talking about his $3 billion investment in GE and the Wall Street Bail Out.

I consider Warren Buffet (the Oracle of Omaha ) to be one of the wisest people in the world and he has some great advise in these times of financial turmoil.

Hope you get something out of this. Click on the image to watch.

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Tags: Economic Crisis, USA, Video of the day, Wall Street, Warren Buffet

This entry was posted on Friday, October 3rd, 2008 at 6:45 pm and is filed under Agmates News, Video of the day, World News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Comments on “Warren Buffet on Wall Street Bailout and some good advice.”

Matt says:

October 4, 2008 at 10:24 pm

Steve – do you ever wish you just stuck to the selling machinery etc side of things

Von Curtis says:

October 5, 2008 at 8:20 am

Yes I apologize to Steve,

I was listening to people worry and whinge about their portfolios and investments and seeing Warren Buffet’s name set me off.

People need some SCHOCK THERAPY to wake them up concerning our involvement and guilt in illegal wars and terrorism.

Reply

Jeff says:

October 4, 2008 at 3:38 pm

G’day Agmates,

Further to post on the 700bnUSD bailout bill:
Name to remember: Treasury Secretary Henry Paulson.

Now have a read of this brief from Capitol Research Center on Goldman Sachs:

In amongst this document’s content, you will find reference to Nature Conservancy (The Nature Conservancy TNC).

The Nature Conservancy is a world wide purchaser of land, some of it obtained from distressed debt mortgage. It also has connections in Australia with the Government, Greening Australia and Bush Heritage.

Their purchases lock up land into non-productive protected state in perpetuity. ie – “it’s gone” .

Von Curtis says:

October 4, 2008 at 6:44 pm

“Their purchases lock up land into non-productive protected state in perpetuity. ie – “it’s gone”

It is schocking and very alarming all the connections between big business , government and green groups.

STUPID ME used to belong to some green groups.

Reply

Jeff says:

October 4, 2008 at 3:02 pm

G’day Agmates,
There is unfortunately a connection with the Mainstream Climate Change mentality in this bill.

Page 180 onward – in the 451 page document deals with climate change, carbon sequestration tax exemption.
Read Anthony Watt’s page (Watt’s up with That – blog): were you’ll see his take on it, as well as reporting on the document.

Austext news pages report a fall on the NYSE, as realisation that it isn’t going to fix it. And I thought my little share portfolio might look happier.

Von Curtis says:

October 4, 2008 at 2:51 pm

Of course Warren Buffet wouldn’t agree that the military/industrial/finance corporations did 911 – he is part of the system.

If you are a fan of these types of people then you have the blood of innocent Iraqi women and children on your hands and you should be ashamed. Of course a lot of MEN LOVE MONEY MORE THAN WOMEN AND CHILDREN.

A lot of men particularly white males can’t see what is going on – maybe they don’t want to see it – maybe they will never get it – they just have complete tunnel vision about money.

Men aren’t much good at lateral thinking . Many men in this country country have no empathy for other races – they believe in white supremacy. Quite happy to kill them and then claim to be Christian.

Agmates says:

October 4, 2008 at 3:12 pm

G’day Von,

I’m actually quiet offended by the comment you have just made.

Reply
- Von Curtis says:
  
  October 4, 2008 at 3:25 pm
  
  Yes well don’t get OUTRAGED at me get OUTRAGED at the Howard government and the present Rudd government who are the idiot crimminals of the ‘co-allition of the killing women and children terrorist machine’ in Iraq and Afganistan.
  
  We are the stupid greedy rich white people who have NO DEPTH and NO SOUL except to get richer and richer from corporations who wreak havoc in other countries.
  
  David Marr the other night on Q and A made Peter Costello white with rage when he accused him and the cruel Howard government of doing nothing to rescue the 300 poor people on the Siev X .
  
  It was a wonderful thing seeing David Marr make Costello extremely uncomfortable – it was an amazing thing for the ABC.
  
  Reply
  - Agmates says:
    
    October 4, 2008 at 3:43 pm
    
    G’day Von,
    
    No1 – I’m not outraged – just offended.
    
    No2 – The Howard and Rudd government did not just accuse me of -
    
    “then you have the blood of innocent Iraqi women and children on your hands and you should be ashamed. Of course a lot of MEN LOVE MONEY MORE THAN WOMEN AND CHILDREN.”
    
    You did.
    
    I have no idea what basis you’d have to level that accusation at me personally.
    
    I am quite happy for you or anybody to disagree with anything I say – Thats what the forums are all about. But as I said yesterday the rules of this forum are we “play the ball, not the man or woman”.
    
    Reply
    - Von Curtis says:
      
      October 4, 2008 at 3:52 pm
      
      Sorry – people DON’T CARE though – particularly white men! MONEY IS ALL THEY CARE ABOUT
      
      Reply

Von Curtis says:

October 4, 2008 at 1:25 pm

The bail out is bought to you by the same people that committed mass murder on 9/11

“The bailout is nothing but a premeditated crime, a conspiracy to steal money from the majority and give it to their minority. But more importantly it is a gargantuan grab for power and control.

The same people that committed mass murder on 9/11, made the decision to kill and destroy in Afghanistan Iraq etc, set up the massive transfer of wealth through rapidly rising fuel prices, and engineered and facilitated the scam sub-prime fiasco are now bludgeoning the citizens of the world in an internationally coordinated attempt to usurp democracies at all levels by making the decisions of life subservient to the interests of rapacious criminals.”

Agmates says:

October 4, 2008 at 1:39 pm

G’day Von,

Interesting that Warren Buffet, a man outside of Wall Street and the government in Washington does not agree with your opinion.

I don’t know if you listened to the interview, if not you should.

Buffet is the most respected investor in the world.(and the most successful and wealthiest)

He operates his entire business from his house in Omaha, the same house he has lived in for 40 years, pays himself a modest salary and lives modestly. His is a fascinating story of someone with a lot of smarts but even more common sense.

Yes I’m a Warren Buffet fan –

Reply

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Warren Buffet on Wall Street Bailout and some good advice.