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    A Buffett at the rail station
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    Ritholtz said, “This paper transaction would have provided precisely zero value to...taxpayers.” "For Warren Buffett’s Berkshire Hathaway to team up with Goldman Sachs (which he now owns a healthy chunk of) is a bit of a revelation: We have been spun by his genteel manner, his aw shucks down-home-isms, his off Wall Street, less bloodthirsty approach to investing, into somehow believing he was different" thundered Ritholtz. But that does not mean Buffett’s recent move into railroads is any less interesting. Full Article at livemint.com
    For Warren Buffett’s Berkshire Hathaway to team up with Goldman Sachs (which he now owns a healthy chunk of) is a bit of a revelation: We have been spun by his genteel manner, his aw shucks down-home-isms, his off Wall Street, less bloodthirsty approach to investing, into somehow believing he was different
    SOURCE: livemint.com 3 weeks ago
All quotes from:
A Buffett at the rail station
  1. This paper transaction would have provided precisely zero value to...taxpayers.
    SOURCE: livemint.com 3 weeks ago

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  1. BHOPAL, INDIA - NOVEMBER 30: 15 year old Sachin Kumar plays cricket with his friends in a slum near the site of the deserted Union Carbide factory on November 30, 2009 in Bhopal, India. Twenty-five years after an explosion causing a mass gas leak, in the Union Carbide factory in Bhopal, killed at least eight thousand people, toxic material from the 'biggest industrial disaster in history' continues to affect Bhopalis. A new generation is growing up sick, disabled and struggling for justice. The effects of the disaster on the health of generations to come, both through genetics, transferred from gas victims to their children and through the ongoing severe contamination, caused by the Union Carbide factory, has only started to develop visible forms recently. Sachin Kumar lives with his parents Suresh and Sangita, his 3 sisters, Jyoti, Arti and Punam and his brother Ravi, in a slum where a number of people affected by either water contamination or poison contamination have been relocated to. Sachin was born with a birth defect rendering his legs practically useless. Sachin had been receiving physical therapy treatment and education from the Chingari Trust rehabilitation Centre for victims of the 1984 gas tragedy, for which he has been registered for. However Sachin's health has turned for the worse and his legs, now covered with open sores, restrict him from travelling to the major road where the Chingari Trust bus can pick him up for daily treatment. The oldest of four, Sachin spends his days playing board games with his friends and a rare game of cricket, which he sees as the fulfilment of his dreams of becoming a professional cricket player.
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  9. Philippine President Gloria Macapagal Arroyo prays during a mass at a church in Lubao, Pampanga, north of Manila before filing her certificate of candidacy at the Commission on Elections office December 1, 2009. Arroyo said on Monday she has no plans to retire from politics after her term ends in June next year, and would seek a seat in the lower house of Congress.
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  11. Philippine President Gloria Macapagal Arroyo shows her certificate of candidacy as she stands next to her husband Mike Arroyo (L) at the Commission on Elections office in San Fernando, Pampanga, north of Manila December 1, 2009. Arroyo said on Monday she has no plans to retire from politics after her term ends in June next year, and would seek a seat in the lower house of Congress.
  12. Chinese President Hu Jintao, right, shakes hands with Swedish Prime Minister Fredrik Reinfeldt before their meeting at the Great Hall of the People in Beijing, Tuesday, Dec. 1, 2009.
  13. European Commission President Jose Manuel Barroso, left, talks to Chinese President Hu Jintao, right, and Swedish Prime Minister Fredrik Reinfeldt, second from left, during their meeting at the Great Hall of the People in Beijing, Tuesday, Dec. 1, 2009.
  14. Chinese President Hu Jintao, right, shakes hands with European Commission President Jose Manuel Barroso, left, as Swedish Prime Minister Fredrik Reinfeldt looks on before their meeting at the Great Hall of the People in Beijing, Tuesday, Dec. 1, 2009.
  15. People walk past the Reserve Bank of Australia (RBA) building during rainy weather in central Sydney December 1, 2009. Australia's central bank RBA raised its. key cash rate by 25 basis points to 3.75 percent on Tuesday,. saying three hikes in a row was a material adjustment that would. help sustain economic growth.
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  17. Malaysian opposition leader Anwar Ibrahim, center, arrives at a court in Kuala Lumpur, Malaysia, Tuesday, Dec. 1, 2009. The Malaysian court refused Tuesday to stop Anwar''s sodomy trial from going ahead, dealing another blow to the opposition leader's fluctuating fortunes since he achieved spectacular election results last year.
  18. Malaysian opposition leader Anwar Ibrahim, right, gestures to his supporter as he leaves a court in Kuala Lumpur, Malaysia, Tuesday, Dec. 1, 2009. The Malaysian court refused Tuesday to stop Anwar's sodomy trial from going ahead, dealing another blow to the opposition leader's fluctuating fortunes since he achieved spectacular election results last year.