Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 178.34

-10.2%

Dec 12 9:30 AM EST

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To: Kirk © who wrote (3057)	5/7/2015 9:46:51 AM
From: Fintas	Read Replies (1) of 26769

I find it of interest that BUFFET took 5 B of IBM with an avg cost of 170.. And since that time he has stepped in a couple of times and then stated such. Yet off the lows of 1992 ish he could have take oodles for 50-60 which is a smudge of what he is paying now if one understands IBM then and now. He's got oodles of cash. Yet he's spending it supporting his own position. I think that speaks volumes re his trust of the markets. On an aside if memory serves me BRKA went from 177k a share to 77k during the last decline. And at apprx 214k that's a great move off the 77k But from 177k to 214k over 7 years simply shows the challenges he faces going forward. IMO Fintas

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