comment by thenewgreen

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thenewgreen · 4716 days ago · link · · parent · post: What are your predictions for 2012? Presidential elections, protests, the EU...

All of these make sense to me except the Warren Buffet one. What makes you think he's going to lose money?

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kleinbl00 · 4716 days ago · link ·

I think that he's been buying a lot based on the stability of the old economy. He's not much of a crashplan kinda guy and I think 2012 is where, financially, TSHTF.

He's a blue chip kinda guy and I think blue chips are gonna take a beating.

+discuss+discuss

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thenewgreen · 4716 days ago · link ·

Really? What blue chips in particular do you see taking big hits? Or less specifically, what industries? I just feel like you don't get the track record he has without being able to shed your safe presumptions. I could be wrong but I'd be surprised if he was caught over exposed. Here's a list of 5 bluechips he recommended in 2009:

1. GE

2. Microsoft

3. Godman Sachs

4. Caterpiller Inc

5. Disney

I could see #3 taking a hit but the rest seem stable long term bets imo.