buffett zero to hundred pc in shares, page-45

I'm not denying that Buffet is a very smart man and very lucky too.

But in this case I think he is trying to bolster the markets.

Otherwise he would just buy as quietly as he can, getting the best bargains for his shareholders. Telegraphing his actions will drive up the price of his targets and cost him more. He is smart. So he has a plan.

What we are hearing doesn't make sense.

Personally I think there is a bit more downside to the market yet followed by a year or two around the bottom so I'm going to hold on to my little bit of cash. I won't change the market anyhow but it might help me if I'm right.

Buffet might cause a ripple or two but if no one follows him, and they probably won't it's down we go again.

There is just too much unfunded debt for the markets, Governments, Buffet, or even investors. It needs to settle and find real value again.