Early Warning

[Lalakai]

came across this and thought others might like seeing it.

1995 Financial Warning

hopefully not a repost.............

 

[IHateMyJob2004]

Warren Buffet sold out of FNM and FRE in 1999 I think. Sin to get out of those was a long time ago. He only would sell them if conditions changed. The toll bridge was gone way back then in his eyes.

In the 2002 (or was it 2001?) Berkshire Hathaway shareholder letter, he warned about CDOs specifically. Calling them weapons of financial destruction.