DownOnMyLuck

Has Buffett Lost His Mind?

You mis-characterize what Buffet said. He said the results over the next 100 years would justify the purchase price, not that the payback period is 100 years.

What's Berkshire Hathaway's Expected Life?

Another possibilty is that the new management could do a 2,000:1 stock split and start paying a dividend. The market value could increase.

Banning Derivatives and Other Such Foolishness

But Mr. Soros's support for the affirmitive action trainee as president has not been validated.


On Nov 17 09:55 AM hock wrote:

> Apply what you said to yourself, and you will see the wisdom of your
> thoughts.
> Many people respect Mr. Buffet and Mr. Soros beyond their job scope,
> for their characters and other valid reasons. For example Mr. Soros
> pre 2nd term political judgment about President Bush has been validated
> by the mess from the economy and wars Americans have inherited.

Another Buffett Prediction, Japan Edition

I've never seen Buffet make any predictions. However, he has been declared wrong, senile, and insignificant many times. Most recently at the time of the dot-com boom. Last time I looked, Buffet was still on top and hasen't been replaced by anyone who has written him off. He's in a league of his own and doesn't need the approval on minor leaguers.