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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: mauser96 who wrote (16110)	1/24/2000 9:30:00 AM
From: LindyBill	Read Replies (1) of 54805

Warren Buffett on risk and the marginal utility of more money Old Warren just took some investors to the cleaners out here on a short term play. I don't have the name of the local tech co in front of me, but the President of the company reported a few weeks ago that Warren had bought in to the company. This ran the stock up about 50%, and last week the company reported that old Warren had sold out. The stock promptly dropped back to where it had been. Turns out old Warren had been investing with his own money, not Berkshire's! Those investors got what they deserved, IMO.

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