Warren Buffett's Stock Portfolio: Part III [View article]
Nobody is perfect and, believe it or not, that includes WB. Peter Lynch, Fidelity's Magellan Golden Boy, is the one "nobody" who broke that rule and comes to mind. But then he also and mainly was just lucky to run the M Fund during the uninterrupted behemoth WS boom, the 80's AND got out in 1990, just before the next WS bust started. Thanks for your laborious/great work, Jae June. So many of us still keep an eye on what the WB guru is doing, especially now that we know most his money will be going to good and very important causes where, incidentally, much less money will be going to from "the usual gov't/taxpayer sources" who are broke themselves. Thanks again, JJ!
Dr. Stephen Leeb on Commodities and Inflation - Is He a Genius or Alarmist? [View article]
1000mg per gram, 1000g per kg
On Jun 17 12:23 PM Donald Ingram wrote:
> I foresee gold reclaiming it's premier position on the worlds financial > stage as the ONLY true money. > Most items will be expressed for cost and price in gold. > The new valuation will be in metric terms not the 'old' standard > measure. After all the world operates within the metric system now. > > It is said that if the per capita American debt was expressed in > gold then one ounce would be worth $36,000! > Could it be that we could see gold at $36.00 per milligram? > 1000 milligrams to the kilo. 1 kilo = 2.2 pounds.
Warren Buffett's Stock Portfolio: Part III [View article]
Peter Lynch, Fidelity's Magellan Golden Boy, is the one "nobody" who broke that rule and comes to mind. But then he also and mainly was just lucky to run the M Fund during the uninterrupted behemoth WS boom, the 80's AND got out in 1990, just before the next WS bust started.
Thanks for your laborious/great work, Jae June. So many of us still keep an eye on what the WB guru is doing, especially now that we know most his money will be going to good and very important causes where, incidentally, much less money will be going to from "the usual gov't/taxpayer sources" who are broke themselves. Thanks again, JJ!
Dr. Stephen Leeb on Commodities and Inflation - Is He a Genius or Alarmist? [View article]
On Jun 17 12:23 PM Donald Ingram wrote:
> I foresee gold reclaiming it's premier position on the worlds financial
> stage as the ONLY true money.
> Most items will be expressed for cost and price in gold.
> The new valuation will be in metric terms not the 'old' standard
> measure. After all the world operates within the metric system now.
>
> It is said that if the per capita American debt was expressed in
> gold then one ounce would be worth $36,000!
> Could it be that we could see gold at $36.00 per milligram?
> 1000 milligrams to the kilo. 1 kilo = 2.2 pounds.