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Non-Tech : Berkshire Hathaway Class B
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To: Leroyt who wrote (830)7/12/1999 3:28:00 PM
From: w molloy  Read Replies (4) of 1652
 
Leroyt,

I know quite a bit about Mr. Buffet and his style. How dare you presume otherwise?

Mr. Buffet claims not to invest in companies whose products he doesn't understand. Sounds a bit demeaning doesn't it? Is understanding soft
drinks and razor blades the limit of his capabilities. I think not.Someone who can understand the ins and outs of the insurance business can easily grasp the essentials of the various tech sectors.
If not - employ someone who can.

Mr Buffet has done all his shareholders a huge disservice over the last 8 years or so by ignoring the likes of MSFT, CSCO et al.
He is missing the latest upturn of the semi business as I write.
Look at the performance of, for example, QCOM, BRCM, CNXT, ARMHY this year. These aren't trading stocks either, these are genuine long term investments.

w.

BTW - when do you think the A shares will hit $250K?
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