Dreary Wrote: ------------------------------------------------------- > true, but he could’ve dollar cost average his way > through this, somethig even amatures realize it to > be sensible. Really? GE and GS would have allowed him to just DCA his investments? You people are essentially saying “Buffett failed to call the absolute bottom, therefore he’s not so smart”. Buffett would be the first one to tell you he could never call a bottom, or a top.
Warren Buffett’s Berkshire Hathaway sharply increased its stake in ConocoPhillips [COP 47.39 -1.79 (-3.64%)] this spring and summer, accumulating a total of 84 million shares as of the end of the third quarter on September 30, according to Berkshire’s just-released quarterly portfolio filing with the SEC. 52wk Range: 42.15 - 95.96