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On the other hand, Warren Buffett is equally contrarian, and is doing a lot of similar things with his money, though on a larger scale (writing massive loans to
by karl11 18y ago
On the other hand, Warren Buffett is equally contrarian, and is doing a lot of similar things with his money, though on a larger scale (writing massive loans to Goldman, Harley, GE etc for 10-15% interest rates). He also has the same complaint about the government. His AAA rated business pays much higher rates to borrow money than Citi, BoA or any of the now gov't sponsored entities.
In any case, everyone loves a good contrarian.