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Berkshire Hathaway Inc. Message Board

  • pat_cret pat_cret Jan 20, 2003 11:34 AM Flag

    Ffh.to

    Running scared... Down more than 26 % in Toronto.
    Doubled my position.
    The risk/reward ratio is interesting.

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    • I switched from Fidelity to TDW about 7 years ago. I felt that the executions at TDW were much better. Vanguard is also very good, IMHO OTC -BB is a suckers market in my opinion.

    • "did you sell to buy brk or for other reasons."

      I sold because I wised up about management.

      I bought berk because it was a good opportunity during this recent fallback. It seemed like a safe and attractive place to park the dough.

    • THanks on Chicago.

      >as for if rcn doesnt work out and it drops 90% i have made arrangements to get my ass kicked. im not kidding you i have. there will be a line for that i can assure you. <

      LOL.

    • Do you have any idea what's actually going on at RCN Chicago?

      By the way, I promise not to give you a hard time if your small speculative position in RCN equity goes down the tubes. I am certain you understand the risks and potential rewards.
      :-) ''wcrimi

      i have no idea what is going on there. it either involves layoffs or they are asking clients to get off of dial up and go onto rcn's pipes thus pissing people off.

      as for if rcn doesnt work out and it drops 90% i have made arrangements to get my ass kicked. im not kidding you i have. there will be a line for that i can assure you.

    • Do you have any idea what's actually going on at RCN Chicago?

      By the way, I promise not to give you a hard time if your small speculative position in RCN equity goes down the tubes. I am certain you understand the risks and potential rewards.
      :-)

    • >lets hope those same dopes get the rcn bonds right for the wrong reasons. i believe you have an interest in our judgement being right there. <

      I don't believe they were dopes. :-)

      I think they spent a lot of time analyzing the company they owned and not much time analyzing the companies they did not own - the opinions on both were just as strong nonetheless.

      I believe we have done a good job on the RCN bonds. :-)

    • Will you boys please stop fighting before I wack you on your tellys?

    • What I did say was that a lot of people on the LVLT board that were trashing it did not understand its business and/or financials very well. "" wcrimi

      since glx has not exactly performed well in telecom maybe the lvlt board got it right. of course how they got it right could be for all the wrong reasons as you mentioned.

      lets hope those same dopes get the rcn bonds right for the wrong reasons. i believe you have an interest in our judgement being right there.

    • The problem with OTC:BB is OTC:BB, not the brokers. OTC:BB operates outside of SOES and the major ECNs, so it's basically like the bad old days. OTC:BB market makers don't have to execute your order if they don't feel like it. Nothing your broker can do about it.

    • I agree with you completely!

      The stubbornness was mostly on �specific things� about the company that I still believe the LVLT board was wrong about.

      I never said things like:

      GX is going to beat LVLT.

      GX has a better funding status and can withstand an industry downturn better.

      GX�s accounting was of higher quality than LVLT�s.

      GX�s assets are better.

      GX's management is better.

      I said the opposite of that all the way through.

      What I did say was that a lot of people on the LVLT board that were trashing it did not understand its business and/or financials very well.

      That goes to a greater point I was making before. You can be right for the wrong reasons and vice versa.

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BRK-A
214,800.00-2,780.00(-1.28%)May 29 4:02 PMEDT