Warren Buffet just made 783 million bucks from

[Heather MC]

His 5 billion investment a few days ago.

I just saw this on Fox

Why the fuck didn't out government jump on this investment Hell
put 700 billion on the same damn investment Buffet did
we would could have been out of this mess

Edit Billions not millions my brain will not let me count that high

[glowing]

1. It was a 5 billion dollar investment.

[timber84]

2. It was 5 billion not 5 million

[Barack_America]

3. The bailout is to shore up struggling companies...

Not successful ones like Goldman-Sachs.

[Heather MC]

4. I am just saying too bad the Gov didn't get a chance to get in on that investment

we wouldn't need this fake out bail out

[ContinentalOp]

5. Why is this man not in charge of our economy?

Please Obama, Warren Buffet for chairman of the fed.

[TheManInTheMac]

13. Because that job doesn't pay as well and

he doesn't have to ask anyone's permission in his current job. Well, he does have to let the Board of Directors know, but what are they going to say?

After all, he's Warren Buffet and they're not.

[Catch22Dem]

6. Because he knows what to do with money

He's not rich because he's an idiot. This is a very smart man.

[Kurt_and_Hunter]

7. Completely false. Par for FAUX

Buffet paid 5 Billion for part of Goldman Sachs

Goldman Sachs is not worth anywhere near 783 Billion dollars, so even if Buffet got all of it the claim couldn't be true.

Fox isn't big on facts.

[Heather MC]

12. It was my fault I got my billions and my millions mixed up

he invested 5 billion
so far he has made 783 million

[Kurt_and_Hunter]

17. Okay, that sounds reasonable.

[Motown_Johnny]

8. What??? I don't believe this.. no way he made a 783 Billion dollar profit

in a few days...


something is wrong here

[Cosmic Charlie]

9. perhaps he made 783 million on his 5 billion dollar investment??

[Statistical]

10. He invested 5 BILLION and made $783 MILLION ($0.783 BILLION)

He invested $5 Billion and now it is worth $5.783 Billion because the stock price of Sachs has ralied.

Still pretty good he made about 17% profit in 24 hours on $5 billion, but no where near what you posted.

[Motown_Johnny]

11. a great investment.. talk about buying low.

[phleshdef]

14. As long as he did it legally, who gives a damn...

Warren Buffet has basically made all of his money from scratch being an expert investor. If any one of us could do the same, I doubt many would back down from taking up the opportunity. Don't get me wrong, I am for raising taxes on the wealthy and definately making the capital gains tax higher... as much as a percentage as we get taken out of our payroll, if nothing else. But its a little silly to get all angry at Warren Buffet for simply making money off of smart investing.

[Marrah_G]

15. errrr.... you believe Fox?

Edit: after reading the thread I see the numbers error now.

[Heather MC]

16. yeah i screwed up, but don't worry there are still lot of reaon to hate faux