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Constellation: Buffett's Smart Buy

This is what happens when you step back from the madness. This is a fairly large generating company that was worth far more than its stock fell to. He got it for about half of what it is worth. This is why he has the money he has. Don't panic look at the bottom lines, buy when you can with minimal risk. As much as everyone said there was high risk with constellation the truth is there isn't that much risk if you have the money to ride the storm. Long term risk is minimal, particularly if you wean Constellation off of its huge commodities trading committments.