WARREN BUFFETT Quote : Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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Wednesday, August 22, 2012

Warren Buffett: Investor or Trader?

Earlier this week we learned that Warren Buffett's Berkshire Hathaway (BRK-A) recently backed out of credit-default swaps (CDS) in the municipal bond market. Berkshire terminated $8.25 billion in swaps that were not set to expire for another five years, according to government filings. The Wall Street Journal says Berkshire's move "raises a red flag," possibly signalling that the Oracle of Omaha is turning bearish on municipalities. read more>>>>>

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