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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (4586)8/4/1998 7:47:00 AM
From: LarryD  Read Replies (2) of 78747
 
On Buffett and timing
I think timing is a big part of his method. I only skimmed a copy of "Buffettology" in a book store, but I remember the analogy to shopping in a hardware store. Many people can't resist buying something they see on sale, even though they didn't know they needed it when they walked in. Buffett knows what he wants when he goes in (companies worth owning for long periods), and only buys if it is on sale.
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