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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (9578)1/9/2000 12:34:00 PM
From: cfimx  Read Replies (2) of 78748
 
James, I'd like to chime in on this one. Buffet is doing a lot of "work outs" in his personal account. CTO was part of the Baker Fentress distribution and he may or may not have flipped it. But it is a lesson for all of us. Not only is he NOT buying ebay or Yahoo, he isn't even interested in Wells Fargo or Chubb, which on the face of it, SEEM cheap.

He wants certainty more than EVER. He is looking for dollar bills selling for seventy five or eighty cents that have a 98% chance of giving him that dollar bill in a year or eigteen months. Like you and your net nets?
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