Thursday, June 25, 2009

Dennis Gartman: "Warren Buffett is an Idiot"

Yeah, according to The Daily Crux, this headline is a true one...Gartman did refer to Buffett as "an idiot" for allowing Berkshire's stock to drop 45%.

The Gart-Man has since rescinded the statement - but The Crux reports that to Gartman's credit, he's actively shorting Berkshire Hathaway.

I've had a trial subscription to Gartman's Letter before, and thoroughly enjoyed it...though the price tag was too much for me to stomach ($500/mo or something like that).

Fan of Gartman? Check out his recent thoughts on China - a great read.

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