Bruce Greenwald on Positioning First Eagle’s Funds
By George on Tue, 2009-11-17 17:41
(via www.advisorperspectives.com)
Bruce Greenwald comments on Warren Buffett's purchase of Burlington Northern, "It looked to us like an oil play. He has a history of making bad oil play decisions. And that was at $75/share, we thought there were better oil plays. At $100/share we think he has lost his mind."
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