Warren Buffett Watch
- NJ Governor Chris Christie to Warren Buffett: 'Just Write a Check and Shut Up'
- 'Ask Warren Buffett' on Squawk Box Monday: Send Us Your Questions Here
- Warren Buffett's Berkshire Hathaway Gets Weekly Options
- Warren Buffett's Berkshire Hathaway Hikes DIRECTV Stake By $738M, Cuts J&J By $545M
- Warren Buffett: Stocks Will Outperform Gold and Bonds .. and They're Safer 'By Far'
- 'Buffett Rule' Introduced in Senate But Passage Unlikely Amid GOP Opposition
- Warren Buffett Matching Illinois Teen's $300 Deficit Donation
- Warren Buffett Defends His Secretary From 'Ridiculous' Attacks
- Does Warren Buffett's Secretary Really Make Over $200,000?
- Warren Buffett's Secretary 'Excited' About State of the Union Role
RSS FEED
MOST SHARED
- RBS Hurt by Greek Charges But Pays Bonuses
- China Internet Firm Qihoo Says Citron Allegations False
- More Asset-Buying Depends on Economy: Bank of England
- European Shares Extend Gains on Positive IFO Reading
- China Faces Japan-Style Stagnation Without Reform: Lawmaker
- Greek Writedown Hits Commerzbank Earnings
- T-Mobile USA Wants to Grow Again
- 7 Undervalued IPO Stocks That Could Rebound in 2012
- Break-Up, Greece Cause Huge 2011 Dexia Loss
- HP, Dell Watch Rising China Labor Costs for Apple
- Wandering Through Toy Land
- Dell Is Done, But Don't Discount HP: Analysts
- Comcast Deal Could Spell Trouble for Netflix: Analyst
- Reading the Tea Leaves in RIM Shake-Up
- Sam Adams Brewer Crafts Beer for the Granddaddy of All Marathons
- Stocks to Give Up for Lent
- You Want Retail Customers? Give Them Deals: Analysts
- NJ Governor Chris Christie to Warren Buffett: 'Just Write a Check and Shut Up'
- 7 Undervalued IPO Stocks That Could Rebound in 2012
- More Asset-Buying Depends on Economy: BOE
- Stocks Sputter as Investors Seek Next Catalyst
- Wife of UK's Tony Blair Sues Over Phone Hacking
- T-Mobile USA Wants to Grow Again
- Nissan to Recall 250,000 Cars Globally
- Winners and Losers in Obama's Corporate Tax Plan
- Santorum Takes Heavy Fire in Arizona Republican Debate
- Volcker Rule Threatens Recovery: Finance Ministers
- Next Bank of England Governor: The Race is On
Warren Buffett & Countrywide Speculation Ripples
Text Size 
Executive Producer
 |
Mark J. Terrill / AP Countrywide headquarters in the Calabasas area of Los Angeles. |
]Today, Bloomberg's David Wilson writes that while Countrywide is "at least the sixth company this year to have Warren Buffett's name attached to speculation on a purchase, (it) stands out from the rest of the pack." Wilson cites its 49% stock plunge for the year, the second biggest among the S&P 500, and Buffett's "clear preference for financial holdings."
But on Seeking Alpha, Todd Sullivan doesn't agree, urging his readers to "ignore" the pundits when the predict Buffett will buy a mortgage lender. "Can anyone name the last time Buffett bought shares in a company on the open markets when people thought he would?" Sullivan does expect Buffett will "buy dirt cheap mortgage backed securities he deems risk advantaged" .. perhaps in a private transaction.
Remember, as Mr. Buffett told our own Becky Quick, and as we've been stressing here on Warren Buffett Watch, all the speculation is just speculation.
Questions? Comments? Email me at
Data is a real-time snapshot *Data is delayed at least 15 minutes
