Friday, November 28, 2008

Some moves by Carlos Slim

http://www.247wallst.com/2008/11/saks-sks-a-pois.html#more

http://www.bloomberg.com/apps/news?pid=20601086&sid=aoPHoLjgduGY&refer=latin_america

http://www.chron.com/disp/story.mpl/headline/biz/6120083.html

Having made all the Billions he has, it is always interesting to see what he is buying. I would not buy into any of these stocks, I would bet he is acquiring shares in Citi as a short term play and is trying to acquire Saks at a step discount to increase his retail holdings.

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