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Berkshire Hathaway Inc. Message Board

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  • Keith_Weiner Keith_Weiner Jun 26, 1998 5:49 PM Flag


    Mr. Rob88:


    Don't buy silver
    because Buffet bought silver. He may have bought it as a
    hedge against other investments he holds. He may have
    bought it because he can make money off it that you
    can't (by lending it to short-sellers, and such). He
    may have bought at a price much lower than you'd get
    because of *when* he bought, or even how much. He may
    have sold it already. His time window may differ
    substantially from yours. He may lack the opportunities you
    have, etc.

    You and only you have to determine
    which investments make sense for you, your life, your
    goals, and your portfolio.

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