Closely Watched Buffett Recalculating His Bets

[Parsad]

From the New York Times:

 

http://www.nytimes.com/2009/09/08/business/economy/08buffett.html?hp

 

Cheers!

[scorpioncapital]

From the New York Times:

 

http://www.nytimes.com/2009/09/08/business/economy/08buffett.html?hp

 

Cheers!

 

This article is really misleading. They talk about the MCO dump but that was probably due to individual business factors. Many of the preferred deals have a very substantial equity kicker on the back-end. From what I understand of Berkshire's financial reports, Buffet is almost fully invested, maybe there is still $10-$15 billion investable from his stated minimum of $10 billion in surplus. I would be more inclined to say Buffet is all in.