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WEB:The Oracle of Omaha- Warren Buffett: Re: Warren Buffett Says He's a `Bull' on British Pound


  1. axolotl

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Top 1.   May 30, 2005 12:01 PM

» axolotl - Re: Warren Buffett Says He's a `Bull' on British Pound

He gives no explanation. It appears the pound is tracking the Euro vs. the dollar, so why is the pound special when the British economy is running deficits similar to the USA? He lost in the first qtr. on his currency bet. France has voted against the Euro Constitution and that has affected the currency markets. Templeton announces that he owns Kia and the stock kicks up 50% in 3 months. Buffett announces a pound play and expects a similar self fulfilling prophecy? It is good to be a stock market Icon that can cause moves that help profits.

-- posted by axolotl


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