CALDEIRÃO DE BOLSA

também concordo, é mais uma comentário a relembrar que terá feito o call da continuação do curto do que uma critica ao buffett que disse que não sabia quando o mercado faria o bottom e que a aposta era de longo prazo.

Herrrrr... é óbvio que o Buffet é humano e também erra.

Mas ele no artigo não disse que aquele era o momento certo para comprar. O que ele disse foi diferente e está muito claro tanto mais que ele diz no artigo que não sabe o que vai acontecer no imediato, que o mercado pode ir mais abaixo no curto-prazo, ele deixa isso bem claro.

Por isso acho este comentário do Cramer desajustado...


O que o Buffet realmente disse ainda está por provar se está certo ou errado temos de esperar uma meia duzia a 10 anos que foi o plano temporal a que o Buffet se referiu e nessa altura comparar com o Cash.

Se as acções baterem o Cash então o Buffet estava certo...

Ulisses Pereira Escreveu:"It Turns Out Buffett's Human After All"

By Jim Cramer
RealMoney Columnist
1/23/2009 9:16 AM EST


"I have felt horrible ever since I wrote that people should sell stocks if they need money for a major purchase in the next five years at the exact time that Buffett penned his op-ed piece in The New York Times saying just the opposite.

É tudo uma questão de time frame. O Buffet investiu com o objectivo das posições serem mantidas durante muitos anos (provavelmente até depois dele morrer). O Cramer tem como objectivo os próximos meses (ele fala nos próximos 5 anos, ele costuma investir com base em dias, semanas ou meses. Nunca anos).

Um abr
Nuno

"It Turns Out Buffett's Human After All"

By Jim Cramer
RealMoney Columnist
1/23/2009 9:16 AM EST


"Here's a great portfolio: short USG (USG - commentary - Cramer's Take), Burlington Northern (BNI - commentary - Cramer's Take), Wells Fargo (WFC - commentary - Cramer's Take), GE (GE - commentary - Cramer's Take), Goldman Sachs (GS - commentary - Cramer's Take), furniture sales companies, prefab homemakers and reinsurance companies. Then go long S&Ps in a massive scale.




I bet that portfolio would have been the homerun of a lifetime, just one of those portfolios that could rival the best of hedge funds when it came to performance. We would be throwing money and praise at anyone who went with that game plan. We would be hailing them as an Oracle of wherever they were from -- hopefully some place alliterative -- and we would hope that he'd call in or appear on "Squawk Box" as often as possible. We would be desperate to learn his next move and we would do it ourselves in a heartbeat, even if he had the jump on us.

That's what I have been thinking since I read the most rigorous piece on Buffett that I have seen in a long time, the searing critique of the man's positions by Doug Kass this morning.

Yep, Doug's right. Buffett has made a bet with America that's costing a fortune. I have felt horrible ever since I wrote that people should sell stocks if they need money for a major purchase in the next five years at the exact time that Buffett penned his op-ed piece in The New York Times saying just the opposite. I don't like going against my icon and idol. I know he has the wherewithal. He's like the ultimate banker who truly has it all figured out and doesn't have to be accountable to anyone because of his long-term prowess. And I agree with that.

But when I read what Doug writes, I wonder if Buffett couldn't be down 50% through this period, much less than the gentlemen mention in Doug's piece, but certainly a true and utter hammering.

If you took the other side of that trade as a hedge fund manager, you would be facing massive redemptions, if not unwinding and closing down right now.

Buffett, on the other hand, has a terrific chance to get it all back.

But after all, he is just human, although I would feel better if he doubled down on GE and Goldman right here.

Then again, I am just talking my book, and, indeed, I traded with Buffett, not against him, when he made his big moves last year.

As Joe E. Brown says at the end of Some Like it Hot: Nobody's perfect!

At the time of publication, Cramer was long GE, Goldman Sachs and Wells Fargo. "

(in www.realmoney.com)