Packer is doing the same,buying the real thing,not the paper model.Great bargains out there in the market.Apparently the retail trade is going to be dominated this festive season by discounted bargains.This is the action that puts a bottom in the markets,cleans out all the excess stock,gets rid of inefficient businesses,only the strong cashed up survive.The Japanese should watch how the US handle this crash;if the US can clear the decks and consistently rise,even slowly,it will be a good example.
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Buffett bullish on stocks - CNN - gurus out of syn, page-9
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