Tom Armistead's  Instablog

Tom Armistead
Send Message
I am a retired accountant, having spent the early years of my career in the insurance industry and the later part in the field of accounting. My insurance experience has given me the willingness to accept investment risk if I feel the return justifies it; also, an interest in applying risk... More
My blog:
Tom Armistead's Instablog
  • Buffett Fails The Taste Test 1 comment
    Jul 17, 2012 8:58 AM | about stocks: BRK.A

    Bloomberg's Betty Liu gave Warren the taste test, putting 4 unmarked cups of cherry flavored soda in front of him. He tasted them all, and chose number 1, which was Dr. Pepper.

    Here's a link:

    This is serious. Very serious. For several years now, I've been attempting to catch up with Warren in the investment field, drinking one coke daily (high fructose corn syrup and all). The thinking is, by applying the same fuel, I will get the same performance.

    Recently my performance has been lagging, and after considerable analytical effort I determined that Buffett actually drinks Cherry Coke. So I sent my wife out to get that instead of the regular Coke I had been drinking.

    Now I discover, Buffett can't tell the difference. Not only that, he drinks five of the damn things. That's an awful lot of high fructose corn syrup: I don't think my metabolism can handle it.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: BRK.A
Back To Tom Armistead's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (1)
Track new comments
  • mlajolla
    , contributor
    Comments (25) | Send Message
    Haha. Warren also eats Dilly Bars and See's Candy. More sugar = better performance.
    17 Jul 2012, 12:06 PM Reply Like
Full index of posts »
Latest Followers


  • $CRC filed 8-K, they amended their covenants. Being thrown out of S&P 400 mid-cap index, OXY unloading its remaining shares, I added today
    Feb 24, 2016
  • $CRR just noticed a form SC 13G, Wilks Bros, Dan and Staci Wilks own about 10%. Texas billionaires. Compare that to the huge short interest.
    Jan 16, 2016
  • $CRC reveals they have received a 24 month modification of their term loan and revolver. This reduces potential financial stress.
    Mar 24, 2015
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.