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Berkshire Hathaway Inc. Message Board

  • csink1954 csink1954 Mar 23, 2002 9:14 AM Flag

    Criticizing God figures

    Investors are a subserviant group to say the least. Even this board, with possible exceptions of deal/csink1954 and a few others, is simply too much in the "believing" category. I mark that comment on the slew of rescuers "how dare you use GE's Godlike name Bill Gross."

    Corporate leaders spend the greater part of their time these days pumping stock prices because they fully understand that the only real advantage they may have is an inflated currency. They can go out and issue "paper" at 2% and buy companies to get 7%.

    These type corporate advantages are sacred to the 15% forever group, or the 50% forever God John Chambers. Cisco and GE want you to think they can actually go out and buy something and suddenly it takes on a whole new 15% forever life, although it used to be a 5% existance.

    Count me out of the believer group. CNBC says he should be ashamed of himself. That's why I don't go to annual meetings, with the exception of Tootsie and Berkshire. I'd be asking all kinds of questions about stock options like: "Do you assholes deserve this much?"

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