)The top 100 stock
market authors
selected for publication in the last week
market authors
selected for publication in the last week
Larry G » Comments » BRK.A
-
The Seeking Alpha 100
See all
Seeking Alpha 100 » -
Fastest Climbers
Those with the largestSee all
increase in followers
in the last week
Fastest Climbers » -
Top Commenters
Top commenters,See all
as ranked by their peers
Top Commenters » -
Top Instabloggers
The 100 most activeSee all
Instabloggers.
Top Instabloggers » -
Top StockTalkers
TopSee all
StockTalkers.
Top StockTalkers »
Is Buffett Really Losing His Touch? [View article]
He writes a piece in the new york times that if your a long term investor now is the time to buy. What's the reaction? Yawns and skepticism.
Ahh to be fearful when others are greedy and greedy when others are fearful is a very difficult strategy to implement.Why? Because your going against the crowd.Look at the reaction to the NYT piece, his Fortune piece in 1999 and his Forbes interview in 1973-1974. Always the same reaction, skepticism.
Why is he able to do it and other people can't? Because he takes the emotion out and most investors can't do that.Folks the market is cheap thats why were seeing companies selling for less than their cash in the bank. According to Jason Zweig 1 in 10 companies are selling for less than the cash they have in the bank. We haven't seen that in a long long time.