RE:RE:RE:RE:RE:RE:Some factsAgreed WC and congrats on Berkshire....Buffett and his partner in crime Charlie Munger are icons in the investment world and among the most interesting in their history and their investment practices then and today, always informative and worth paying attention to, JMHO....Opt
WCoyote wrote: Bever73 wrote: You can argue anything you like but the equity price is telling the real story
The mark of a total noob and future looser of fortunes.
Did you ever read any of what Warren Buffet has written? Of course not - you probably don't read too well. Judging by how you write.
Little story for you. When I was 18 years old I was knocked off my motorcycle by a drunken driver. I took couple of grand or so of the settlement and bought a few shares in a company that is still around today. I was told by idIots like you that the company was a looser. The SP had dropped by 40% in the last year and was going to zero. I was told by you share price worshiper idIots that management was at fault and that the CEO was a fool and I would be too if I invested my money in such an obvious looser of a company. However, I had read a lot of what that CEO had had to say, and I agreed with him and went ahead and bought the shares.
Well, that CEO was Warren Buffet and the company was Berkshire Hathaway. I still have 25 of those shares left. Got my original investment out 100 fold years ago. Good thing neither Mr. Buffet nor I think that share price is the only measure of a company.
As for me, I’ll do alright in life financially. I’m not so sure about you, but hey, like everyone else you have every right to be a total moron. It’s just that some of us choose not to be.