高盛、GE、比亚迪、康菲石油，巴菲特屡屡出手！但是，每当巴菲特的投资对象在短期内有所损失时，总有好事者出来聒噪一番。

去年中期巴菲特抛售中石油时，很多人都认为巴菲特看错了，更有人 “有把握”地说巴菲特不懂得中国国情。

去年，有人开始怀疑巴菲特投资理念到底能不能为他赚得这么多财富，有人不惜篇幅，撰长文质疑巴菲特早年财富的来历。

今年，当极度的恐慌在美国股市蔓延时，巴菲特镇定如常，出手高盛和GE，并在报刊撰文呼吁大家看好股市时。又有人跳出来说，巴菲特这一次肯定错了。甚至有人带有漫骂色彩地劝告大众：巴菲特不足为凭。乐观和恐慌到达极致时，都会将人推向疯狂。陷入癫狂状态的大众，甚至无法容忍一个不与自己同样悲观的人。

世界没有神，也不需要造出一座神来。然而，历史最终会证明一切：谁是智者，谁是俗人。当对巴菲特的质疑和嘲笑到达一个高峰时，市场的转折往往就在眼前。注意搜集对巴菲特的各种评价，并将其作为一个情绪指标，可以很好地帮助我们掌握投资进出的时机。

Warren Buffett's Berkshire Hathaway Sharply Boosts ConocoPhillips Stake

Posted By:Alex Crippen

Warren Buffett's Berkshire Hathaway sharply increased its stake in ConocoPhillips this spring and summer, accumulating a total of 84 million shares as of the end of the third quarter on September 30, according to Berkshire's just-released quarterly portfolio filing with the SEC.

In mid-May, Berkshire reported holding 17.5 million shares as of March 31.  That means Berkshire's stake in Conoco increased almost five-fold over six months.

Its Conoco holdings were kept confidential and not included in its portfolio snapshot released in mid-August for the end of the second quarter.   A separate filing tonight reveals that Berkshire held 59.7 million shares as of June 30.

At today's closing price of $47.39, Berkshire's stake in Conoco is worth almost $4 billion, and accounts for 7.3 percent of its U.S. stock portfolio.  Conoco's stock has dropped almost 32 percent since September 30.  At that point, the stake was worth just over $6 billion.

Today's filing for the third quarter also reveals a new 2.9 million share stake in Eaton Corporation  That stake was worth about $163 million as of September 30.  The stock has dropped 23.5 percent since then, bringing the market value of the holdings down to just under $120 million.  Eaton describes itself as a "diversified power management company."

Aside from those three stocks, Buffett wasn't doing any buying for Berkshire through the end of September.  Stock market declines accelerated in October, and in the middle of the month Buffett wrote in the New York Times that he'd been enthusiastically picking up U.S. stocks for his personal account.  We'll almost certainly have to wait until Berkshire's December 31 snapshot is released in mid-February to see if he was also buying after September 30 for the company's portfolio.

Several stakes were reduced between June 30 and September 30.

Berkshire's stake in Bank of America was almost cut in half during the third quarter, dropping 45 percent to 4.1 million shares from 5 million.

Carmax dropped to 18.4 million shares from 21.3 million, a decline of 13.4 percent.

Berkshire stake in Home Depot dropped by 11.5 percent, to 3.7 million shares from 4.2 million.

Lowe's was trimmed by 7.1 percent to 6.5 million shares from 7 million.