arbitragr Posted September 18, 2009 Posted September 18, 2009 haha ... Buffett is becoming a fashionista: http://www.bloomberg.com/apps/news?pid=20601087&sid=aU_AOzBtlYtg The video is here: http://www.trands.com/bft.asp
MartinWhitman Posted September 18, 2009 Posted September 18, 2009 Well, the stock nearly doubled on the "news". http://www.google.com/finance?q=SHA%3A600233 According to press reports, the company is valued at 3x revenues and 35x profit. I dont have any clue how to verify it. Looks like a huge bubble over there in China.
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