sgt.red.blue.red

Not So Easy to Follow Buffett's Picks

This is true. Some deals you can't buy as "good" as Warren. But both GE and GS he got 11 percent to wait and options to convert to common at prices much higher than both commons fell to just a couple of months later. You could have put your dollars very advantageously in Nov thru Jan. Buffett at the time said he doesn't try to time the market on purchases, but when good franchises come available at good prices he buys.

In any event, if you think he gets better deals than can you, you can buy his expertise by buying brka or brkb.

Disclosure: Long BRKA BRKB