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Non-Tech : Any info about Iomega (IOM)?
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To: Chucky who wrote (45955)1/28/1998 9:38:00 AM
From: Naggrachi   of 58324
 
<<Zead, "why would anyone put SO many eggs in one basket???"
As long as you were referring to Buffet, I believe he said it was better to have fewer baskets and just watch that basket closely. Doesn't he abhor diversification? He didn't believe you could ever produce substantial returns if you had to be right that many times.>>

I've heared that too. Nothing wrong with the above strategy, however, one has to be patient and expect what took place last week to occur in the long term scheme of things. Remember, your buying a business and things can, and do go wrong.

Zead
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