Berkshire Hathaway Inc. Message Board
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WEB's smartest move
I'm convinced that one of WEB's smartest moves,
on a purely tactical basis, was not splitting the
stock. This move has excluded the fast buck and day
trader crowd. It has also excluded many mutual funds.
I'm sure that many mutual fund managers refuse to buy
BRK because: (1) They think they can do better than
Buffett; and (2) It is too much work to figure out the
value.
As Warren has said, if you advertise for a rock
concert you get a different crowd in the building then if
you advertise for the symphony.
Compare the
quality of the posts on this board (for the most part) to
rantings on AMZN.
I look at the crazy volume and
volatility last week and the Buffett way is so
superior.
Wally Weitz, a Buffett head, was on Wall Street Week
Friday. Good interview especially when compared the
ramblings of the technician crowd (e.g. Ralph and Gail
Dudak).-
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Brown
Research Director
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Charleston, Santa
Barbara, Singapore, and Zurich -
have you ever noticed chuck and i don't argue???
Think about it
Greg -
charlie is the "patsy"
Greg -
Ever go to Vegas?
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...............get out of Vegas now!........while
you still have a shirt on your back............you
must have been dead drunk when you bet........What the
hell are you talking about anyway?......Nebraska was
MINUS 11 and 1/2!!!......and this odds bullshit of
yours........3 to1? Fuhgeddahaboutit!.........Huskers were
ODDS-ON .......that means you put up $50 large in hopes
of winning $16,666!...........besides .....you don't
get both.......you get the points or the odds
depending on the bookmaker.............I wish you well in
other endeavers... -
#!/usr/local/bin/perl
iggy
sez:
"Which brings up a point... We are all imaginary
personas here... Perhaps I and you are just clever Perl
scripts... "
Hey, that's way cool, iggy! But damn, I
was kinda looking forward to that food fight between
chuck & greg @ dinner next may in
omaha!
Cheers
- infernal.pl -
now that I've got you attention......
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I think that this Charlestonideas is simply
joking around.
One day he would post this,
another day he would post that... So he is a
billionnaire, and a general in Viet Nam, and next day he
announces how he made 40 thousand dollars on
options...
Not that I find anything wrong with joking at all...
But if he is not what he says he is (and every day he
says a different thing) then it is hard to piss him
off by trying to piss off his imaginary
persona.
Once in a while, I do the same thing, I pick up some
screen name and go to various boards having fun and
laughing at people who take me seriously. A form of
relaxation for me...
Which brings up a point... We
are all imaginary personas here... Perhaps I and you
are just clever Perl scripts... -
<<<Julian Robertson ( Tiger Management)
lost 2 billion ( billion, not million) on Wednesday,
and he never complained to anybody, just went back to
work Thursday. He is still up for the year.
>>>
I suspect that Mr. Robinson lost somebody else's
money, not his own. -
Let's see. Chuck "spurted" earlier this week that
he copped $40K on options.
Now he's lost $50K
on sports.
Hmmm... 40 minus 50 is... uh...
think! this is math!... uh...
Well, he lost some
chump change, let's just put it that
way.
Seminal work, man!
Easy "come", easy go, I
guess.
cheers
- infernal - View More Messages
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