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Non-Tech : McDonalds... Why Warren Buffet is buying.
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To: David Edgar who wrote (1)3/20/1997 12:52:00 AM
From: bearcub   of 24
 
Dear Mr. Edgar,

I'd like to add one of my thoughts to this discussion: I believe Mr.
Buffet, who is one of my financial models, is using McDonalds as a
surrogate play if you please on the US Dollar. I believe the global presence of McDonalds "arches" and all the foreing exchange they generate is one way to hedge the final leg of US Dollar depreciation in the months and years ahead. Same could be said for KO shareholders, although I'm not aware if he holds as big a position in KO as he now does in McDonalds.

A question if I may?
I do not understand what you mean by the reference to EMT in your original post. Who or what is EMT, please?

Regards,
M.R. Locke, Sr.
Retired
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