Tuesday, November 08, 2005

Buffett update

Earlier this year I blogged about Warren Buffet's decision to short the dollar, expressing skepticism over the move. According to Larry Kudlow, Buffett's break-even point on his bet is 1.22 dollars to the euro. Right now the dollar stands at 1.17. Am I smarter than the Oracle of Omaha? Or is he just losing his touch? I'm sure it's the former...

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