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Technology Stocks : Warren Buffett

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To: Andrew who wrote (49)3/31/1997 1:36:00 PM
From: Lars   of 82
 
andrew,

fortune october 17, 1994

this is an excellent article on mcd......buffett accumulated for over a yr before he published.....some sec rule where he didnt have to release......

formula by james cantaloupo pres of mcd intl....

pop of country per capita income
--------------- x ---------------
# people per mcd per capita income
us of us

= potential penetration of mcd in country x

fortune calculated = 42,000 mcd's
vs. 17,000 in 1997??

if you know buffett he loves buying when a company is out of favor...
i have heard nothing but negatives for about 1.5 yrs.......as the article says.....only mcd could probably beat mcd........

fwiw,
lars
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