Buy and hold is for Suckers! What a bunch of losers, when you feel good about only losing %32 vs. %38. The wll street pirates have trained you well! You haven't made a dime if you where a "buy and holder" for the last 10 years, what a bunch of suckers, old PT Barnum was right, one born every second!

I am reading a book right now about Mr. Buffet . He has been in a down market more than once. My response when the market started tanking last year was to search my budget to squeeze out more money for my 457 plan. Very good companies have been devalued way more than is realistic. This is the time to buy. This month some expenses will be paid off. That money is also going into the market. I am about 7 years away from retirement and this opportunity may not come again until I am well into retirement.

To all the knuckleheads who are knocking Buffet because his accounts are temporarily down let me ask you all one question "How much is your investment account worth?"

Congratulations to those of you that refuse to allow yourselves to be distracted from attempting to reach your investment/retirement goals by those expressing only negative, distorted and extremely hostile views in this forum.

I am an investor who owns 40 shares of Berkshire and although I have been happy, even elated, in the past, I am concerned going into the futue, reason is simply that Mr. Buffet has recently invested in S&P futures that go out some 15-20 years.  Yes, he received $4.5B in premimums for taking the risk, but if he had to unload today for any reason he ( dare I say WE the stockholders ) would lose a little over $37B, yes billion, in assets of Berkshire.  I believe that he has previously said derivatives were not something that he understood well.   Further he likes businesses that have a barrier to entry and I don't see derivatives having a barrier to entry.  Investors over this past year have seen how lax the regulatory authorities are and how this has affected the average investor.  No doubt someone from Harvard, MIT, or Wharton School of Business will figure out away to manipulate the futures / derivate marks further into the future.  Thus, as an investor of Berkshire, I wish Warren would stick to that which has made all investor money in the past.  I do not claim to be like Warren, I do not understand all of that which he does, and I am concerned about going 15-20 years into the future when he will probably not be around to fix a problem if it becomes a problem.

Next, I am concerned with how Mr. Buffet is unloading his shares to Bill Gates, meaning once the shares are tranfered to the trust of Mr. Gates, the trustees can do with the shares as they wish.  One of the benefits in the past of owning Berkshire was that Mr. Buffet did not sell shares, rather he continued to go his position along with the shareholders.  Does anyone think it possible that with his gifts of stock that he may not have the same attitude in the future as he has had in the past, I would hope not, but it is possible.  Perhaps I am overly concerned, but I am also a realist and a believer that anything can happen!

Just curious as to why you are all so enthralled with what Warren Buffet does or does not do with his money? My suggestion, is stop pissing and moaning because you don't like him, stop praising him because you think he's God of the investment world. The man is a business man, plain and simple. If you don't like him, stop reading stuff about him. If you do like him, figure out what he did to get to where he is at and duplicate it. Bottom line is GO MAKE MONEY and quit talking. It can be done.

YOu should try working for him. So far we have had all benefit costs risen. And THis year we lose our company retirement. Of his holdings we are the last to have a pension.  All of the others have had to give it up with no compensation. 31 years with the same company and you have your retirement froze with no growth or gains.  He didn't become the richest man in the world by being a good employer!

If you're small potatoes, expect to get boiled. Think about it. If I owned Millions of Dollars of Stock in a company or Corporation, your stock's worth would depend on my need to Buy, Sell, or Manipulate the Market. I own millions and millions and you Indiviually own Parts. Less than 100,000 shares each. Market Value?? I could sell and buy to myself, using a broker or banker or YOU. Imagine that I dump everything then what would happen? Sad to say " Buyer bewhere". Invest in YOURSELF!!!!!

My husband and I are completly wiped out at seventy.

Any suggestains.

you people are sad, I have a 9th grade education and a GED, and even I know that markets go up and down.  If you are so concerned about this market get a better job, try mine, I make $300K a year putting powerlines back up after storms.

I've been bargain shopping on everything from stocks to the toys you broke debutants are selling to keep the lights on. leave Buffett alone ,if you were so smart you'd own B.H. , For those of you on here that see this market for what it is , god bless you, for interjecting some common sense. It occurs to me that FDR said it best "the only thing we have to fear is fear itself ". This market will go up, and when it does the smart ones like Buffett will have made a fortune.  I wish those of you in that crowd prosperity and wealth, so that being said ,let's  go bargain hunting!!