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Technology Stocks : INTEL TRADER
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To: MonsieurGonzo who wrote (6758)9/14/1999 11:48:00 AM
From: Berney  Read Replies (2) of 11051
 
MG, Amen Bro'

I think that my view of the swamp may get somewhat cluttered by debris from the east coast. Looks like a nasty one when even Mickey closes down.

I believe too much emphasis is put on Buffett as a "stock picker", too little on his genius for financial structure: when it comes to
Buffett-ology, we overlook the obvious, imho.

Over the years I've read almost every thing I could get my hands on written about him or by him. His disdain for technology stocks was really interesting. He reminds me of my father-in-law who never quite got the picture. But then, who am I to question the wizard.

I totally agree that the financial structure is of greatest interest; particularly in the early days, when his compensation was tied to beating a bond benchmark!

BTW, His mentor, Graham, had the same strange three-some relationship. It would confuse me. <gg>

TB

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