Words of Wisdom on WSO!
I thought it would be interesting to start a thread where everyone could post some of the dumbest and/or funniest things that people have posted on WSO.
Here is part of the OP's post in the thread titled "The beginning to the end of Goldman Sachs?" regarding Buffett's $5B convertible (non-callable) preferred stock investment in Goldman:
"What a shitty investment for Warren Buffet. My rationale for Warrens decision was not becuase Goldman was a good buy at the time but was only to in still confidence in the market. It was simply to prevent his other holdings from falling in share price in the event Goldman was not able to rasie capital."
As we know Buffett will collect a $500M dividend each year until 2013 and then he will exercise his warrants with a $115 strike price (currently trading near $165); the warrants are currently in-the-money by over $2B.
And of course we have the infamous "750 GMAT - worth retaking?" thread:
"Didn't do too well on this test - especially quant section - is it worth retaking to get 800?"
I know that there are a lot funnier ones out there (just can't recall any at the moment), so post anything funny you find to this thread so that we can all get a kick out of it.
Any of blumie's posts. For example: http://www.wallstreetoasis.com/forums/help-my-boss-wont-give-me-money-w…
you can find some of the best by clicking on the "more" link in the Popular Content block on the home page (upper right): //www.wallstreetoasis.com/rankposts
and the Forum of Fame also has some classics: //www.wallstreetoasis.com/forum/forumoffame
enjoy.
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