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Houston Chronicle: Warren Buffet buys a large stake in Anheuser-Busch.

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Melodybe Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-22-05 01:26 AM
Original message
Houston Chronicle: Warren Buffet buys a large stake in Anheuser-Busch.
http://www.chron.com/cs/CDA/ssistory.mpl/business/3146613

I'm betting the market is about to tank, otherwise why buy a huge stake in a beer company.

Any thoughts?
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SerpentX Donating Member (262 posts) Send PM | Profile | Ignore Fri Apr-22-05 01:35 AM
Response to Original message
1. Why? Do sales of equine urine spike during bear markets?
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Melodybe Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-22-05 01:40 AM
Response to Reply #1
2. Well, I'm figuring that he knows something we don't.
People drink when they are depressed and in times of national economic depression alcohol sales rise sharply.

The market is about to crash in a big way and Buffet wants to make even more cash of the misery of others.

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xxqqqzme Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-22-05 01:43 AM
Response to Reply #1
3. A friend once said
budweiser tastes like horse piss smells. If U have ever been around horses, U know this is true.
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dxdem Donating Member (246 posts) Send PM | Profile | Ignore Fri Apr-22-05 02:34 AM
Response to Reply #3
4. COLD horse piss.
nt
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hadrons Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-22-05 04:49 AM
Response to Reply #4
5. Frost Brewed horse piss
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dxdem Donating Member (246 posts) Send PM | Profile | Ignore Fri Apr-22-05 04:48 PM
Response to Reply #5
9. BITTER BEER FACE!!!!
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Scooter24 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-22-05 04:51 AM
Response to Original message
6. Great news
Edited on Fri Apr-22-05 04:56 AM by Scooter24
for BRKA and BUD stock holders. My father is probably excited :D
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bklyncowgirl Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-22-05 05:04 AM
Response to Original message
7. I've spent alot of time around horses but never tasted it horse piss.
I have downed alot of Budweiser in my day and ice cold it ain't bad but don't let it get warm and don't drink too much of it or your head will be the size of a hot air baloon the next morning.
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Davis_X_Machina Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-22-05 09:44 AM
Response to Original message
8. Widely considered about the most....
...recession-proof equities to own.

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Ilsa Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-22-05 05:29 PM
Response to Reply #8
10. What about alcohol makers, like Seagrams, etc?
Are mixed drinks and shots considered too pricey for most people, so I should stick with beer stock?
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dxdem Donating Member (246 posts) Send PM | Profile | Ignore Sat Apr-23-05 04:20 PM
Response to Reply #10
12. Personally,
if I was going out tommorow to buy, I'd stick with beer. Opiate of the masses and what not.
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Blue Belle Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-22-05 06:25 PM
Response to Original message
11. The public needs to have something to drown their sorrows with...
when their stock and life savings go down the toilet. Can't drink Arsenic - that would be too much like "Death with Dignity"...

Might as well drink arsenic light.
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