"Ever hear of Warren Buffet buying INTC or any of the other grossly overvalued techs? Buying "
Those that can't do, teach, Jeff. Warren bought owns and makes money of the biggest internet electronic transactions processors in the world.
When Warren protests against some tech stocks he is merely being polite, to his credit, he does not say what he really knows.
I have always believed that ta followers lack the gene that allows fundamental analysis.
TA is like a belief in witchcraft, it's used to explain what one doesn't understand. Although, as I alluded to, in my last post, if EVERYONE is using TA then all you need to do is guess what everyone is betting, not what they are betting on.
Oh, and btw, it's spelled, BuffetT.
Other than those things I pretty much agree with you. :)) |
