At the end of my last post " On Billionaires, Their Buys, and Buffett" I wrote "I will follow up with another post on this topic tomorrow. Hopefully, I can give you some idea of what you should and shouldn't do based on news of Berkshire's activities in specific stocks." Not much need to now.

Funny. As I was reading Altucher's article last night, I went back to your site to make sure that you hadn't already covered Altucher's points in your follow up. Very timely.

I don't think Altucher nows that Louis Simpson also works at brk. Many of Buffetts investments should be really credit or debited to Simpson. That is why I take alot of this talk of what is or isn't Buffett buying with a grain of salt.

Buffet is a smart man. A really smart man. I'm sure in the future his name will be in the same book with Nostradamus, Davinci, Napoleon...etc...I'm just curious if Warren owns some proprieties of the National Marine Engineers Beneficial Association. Oh well, we'll probably hear that he owns half of the moon or something.

Who is this Buffett guy ?:-? Well if he's so known, I've got a question for him: what does he think about unsecured loans?