Buffett Nears a Milestone He Doesn't Want: $100 Billion in Cash! - bloomberg.com [Via drudgereport.com]
Excerpt from this article:
"One thing that could accelerate Berkshire’s spending is a correction
-- or even a bear market, said Bill Smead, who oversees about $2.2
billion including Berkshire shares at Smead Capital Management. In the
past, Buffett has pounced when companies or the broader economy runs
into trouble, making investments on favorable terms. If that happens, said Smead, 'he’s in a perfect spot.'”
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In 1931, Will Rogers said"
"Ten men in our country could buy the whole world, and ten million can't buy enough to eat."
(Source)
The Bible says:
"Go to, now, ye rich men, weep and howl, for the miseries that shall come upon you." - James 5:1
Recommended reading:
The New and Improved 2017 Edition of the Roman Road to Salvation
Warren Buffett has Donated $1.3 Billion to Pro-Abortion Groups Since 2003 - lifesitenews.com
