BUFFETT WAS TALKING HIS BOOK ON TOUT TV TODAY...
APPARENTLY HE IS PESSIMISTIC ENOUGH TO BE FLOCKING TO VERY LARGE CAP...EASILY LIQUIDATED POSITIONS...LIKE IBM, WELL FARGO ETC...
IN A DEPRESSION AS BAD IS THIS ONE...THE ABILITY TO LIQUIDATE IS PARAMOUNT.
AND AS THE RICH BECOME MORE AND MORE CASH BLOATED...AND THE ECONOMIES OF THE WORLD CONTINUE TO DECLINE...
THE NEED FOR LIQUDITY AND SOME PROTECTION FROM CENTRAL BANK MONEY PRINTING IS BECOMEING MORE IMPORTANT TO BUFFETT...
ALL AND ALL NOT A BIG VOTE OF CONFIDENCE FOR THE FUTURE OF THE MARKETS...
