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re: AT&T wants to buy Directv

Posted on 5/19/14 at 8:11 am to
Posted by LSURussian
Member since Feb 2005
127260 posts
Posted on 5/19/14 at 8:11 am to
quote:

sign of the inevitable market correction
Going out a limb there with that?

It's like predicting there's going to be some severe blizzards next winter.
This post was edited on 5/19/14 at 8:12 am
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10247 posts
Posted on 5/19/14 at 8:16 am to
No. But it does look like the dumb money is rushing in. Everyone has a role. Dumb money is necessary for others to profit from.
Posted by htownjeep
Republic of Texas
Member since Jun 2005
7617 posts
Posted on 5/19/14 at 8:17 am to
wow

quote:

Berkshire Hathaway Inc. is one of the biggest beneficiaries of DirecTV’s rally, thanks to a stake built by his deputy stock pickers at about half the current price. Berkshire had about 36.5 million shares as of Dec. 31, a filing shows.
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