I used to always do what Buffett did. He's my hero. I bought Coke in 1998 at 88 bucks, in Feb.2003 it hit 37. I bought MCD like he did in 2001 at 30 and I sold at 14 just like Buffett did in fall 2003. He's so much my hero. Is he going to die of cancer soon? Oh boy I sure hope so
Buffett said he doesn't know how to put a value on Facebook. He was being a gentleman for not saying this POS is overpriced. When FB was at $40, it was half as big as Berkshire in market cap. Berkshire's revenue is 28 times of Facebook. It's unbelievable how overpriced Facebook is.