Originally posted by BrilloPad
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Previously on "Buffett gambles £27bn on rail to get back on track"
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Originally posted by HairyArsedBloke View PostUnfortunately, your display of self-righteousness has a bit of a flaw.
The investment was Tuesday's news and on Wednesday he got put on credit watch by S&P because of it.
Bloomberg: Berkshire May Lose AAA From S&P on Burlington Deal
Alexi, leave business to the grown ups. Stick to SEO. Oh hang on, remember this.
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Originally posted by TimberWolf View PostYeah and he also knows that the US, with its vast natural resources and lowish population density is fundamentally sound and will bounce back from any economic downturn. Meanwhile the UK, having squandered its natural resources is left fliped, and will be sucked dry and the corpse picked clean by the EU before being ejected unceremoniously from the union to be left an overpopulated economic basket case. That was World War III lost, an economic one this time.
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Originally posted by Andy2 View PostHe is moving into hard assets
He knows that dollar is fliped
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Originally posted by AtW View PostAre you saying I am Buffett??
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Originally posted by HairyArsedBloke View PostUnfortunately, your display of self-righteousness has a bit of a flaw.
The investment was Tuesday's news and on Wednesday he got put on credit watch by S&P because of it.
Bloomberg: Berkshire May Lose AAA From S&P on Burlington Deal
Alexi, leave business to the grown ups. Stick to SEO. Oh hang on, remember this.
AtW gets pwned again.
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I saw the man himself on CNN this morning talking about this = not that convincing I have to say.
PZZ
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Originally posted by AtW View Post
Yes I am sure Buffet gives a tulip about S&P
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I wish someone would fix the British railways. We don't have an extreme climate and the trains can be kept pretty full in our densely populated country... should be able to slash prices and keep it afloat.
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Originally posted by HairyArsedBloke View PostUnfortunately, your display of self-righteousness has a bit of a flaw.
The investment was Tuesday's news and on Wednesday he got put on credit watch by S&P because of it.
Bloomberg: Berkshire May Lose AAA From S&P on Burlington Deal
Yes I am sure Buffet gives a tulip about S&P
Leave a comment:
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Unfortunately, your display of self-righteousness has a bit of a flaw.
The investment was Tuesday's news and on Wednesday he got put on credit watch by S&P because of it.
Bloomberg: Berkshire May Lose AAA From S&P on Burlington Deal
Nov. 4 (Bloomberg) -- Warren Buffett’sBerkshire Hathaway Inc. is more likely to be stripped of its AAA rating by Standard & Poor’s after the company agreed yesterday to pay $26 billion to acquire railroad Burlington Northern Santa Fe Corp.
“This transaction will decrease the liquidity and capital adequacy of the insurance operations” at Omaha, Nebraska-based Berkshire, the ratings company said in a statement today placing Buffett’s firm on “CreditWatch with negative implications.”
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