On the topic of Mr. Buffet, I read that recently he (Mr. Buffet) dumped his holdings in Intel. He was reported to own almost 8% of Intel stock. That amounted to a reported $200M cash pull from Intel. While that’s not a lot of $ for Intel, their press department wrote it up as the slap in the face that it was.

While i admit projecting in this line of reason, i had to wonder if it was done because, Paul Otellini, the CEO of Intel is an ardent Republican while Mr. Buffet is an ardent supporter of O, or if Mr. Buffet sees the chip industry as nearing a fall out of some sort (which I kind of doubt).

Some articles speculated that Mr. Buffet found oil stocks to be a better long term investment than Intel. They are a comparative bargain, and yet.......