Tuesday, November 08, 2005

Buffett & His Currencies - A Buyer of USD

Buffett admitted in the quarterly report here that his currency bets have been pulled in a bit, from over $21.5b to $16.5b. Buffett now a slight buyer of USD, as noted by the magazines here and currency markets, and interesting in light of his verbosity on the topic. Munger never agreed with trade, according to Buffett at last annual meeting. Too many variables...

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