Wednesday, August 15, 2012

Is Warren Buffett now a short-term speculator?

Warren Buffett has told the investment world that he is "a long-term investor."

Based upon recent Berkshire Hathaway disclosures, we find Buffett dumping long-term blue chip stocks such as Kraft Foods Inc. (KFT) and Procter and Gamble Co. (PG).

Warren Buffett has told the investment world that he doesn't invest in technology because "he doesn't understanding it" and that it runs counter to Graham-Dodd Value Investing.

Based upon recent Berkshire Hathaway disclosures, we now find Buffett dumping  his investment in semiconductor firm Intel (INTC).

Warren Buffett has told the investment world that he strongly dislikes derivatives.

Based upon recent Berkshire Hathaway disclosures, we now find Berkshire reporting huge losses in its derivatives portfolio.

The financial staff at The Think Billions blog look forward to more Berkshire Hathaway disclosures to the SEC.