Grahams' method advocates diversifing among many
undervalued companies and selling when they reach a value
where the margin of safety has dissappeared or
Buffett on the other hand practices buying
high quality companies at low to moderate prices and
holding forever. His practice may be because of the large
capital base and finding enough, large enough "butts" to
make diversification work.
The only thing they
have in common is discount prices. Both methods work
very well. An open question to posters and lurkers-
Which is better for smaller capital bases(ie individual
ps I am not a newcomer to this board, I have read
all posts and have been lurking since december.
As the dominant culture of America
[anglo-european, judeo-christian] slides inexorably towards
minority status in the coming century lots of us may be
going back. I live outside Washington D.C. and could
show you parts of that city that look like a street
scene straight out of "Blade Runner" BRK will continue
to do well in the future.....our challange will be
to hold on to it. The "Robin Hood" school tax
legislation in Texas and Vermont is but a sign of things to
Is it true class A gets a dividended and class Bs
No, neither class A nor B gets dividends at the
moment. There are some on this board who would *like* a
dividend to be issued, and maybe that's where you heard
But there are no
Hey Cap. I said:
>> Maybe we'll be
neighbors. I'm trying to lose
>> weight -- can I
visit you on the Moon? *That* would
>> be a
Silly me. By visiting you on the
moon, only my weight would
change, not my *mass*.
You know, like price vs. value.
On the other
hand, I'd be at a discount!
I've been working on a value investing webpage.
If you get a chance visit and let me know what you
think, either here or by signing the guestbook on the
webpage. Here is the
See you there...
>>>I only put in my *dibs* for Majorca.
Doesn't mean I'll get it at a discount. I won't go near
That leaves Palma for me.....I will take it, even
eithout the discount.
I also do realize that WEB
is going to do what he thinks is best, Concerning
'C' shares or anything else to do with
Like you said it is fun to kick around. I own 'B'
shares. So makes no difference to me if there are 'C'
shares or not.
Like many other posters have said
including you. 'A' shares will soon buy you a small
country..So who will be able to buy them.
Already out of
my price range.??
May the WEB be with