March 23, 2006

Cash

If Warren Buffett is really 46 percent in cash, that is astounding. Talk about market timing from a buy and hold investor.

I am glad I am a thousandairre. Not the same worries as Mr. Buffett.

Speaking of Buffetts, the Vegas Buffett's are in full stealth bull mode. You have to be bullish on FAT AMERICA and TOBACCO after spending four days in Vegas. Not a great place to gain confidence in our ability to manage our lives and wealth.

Fun but YUCK!

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