Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.655

+2.8%

Dec 3 3:58 PM EST

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To: Kevin Podsiadlik who wrote (6712)	2/15/2000 9:51:00 AM
From: Smilodon	Read Replies (1) of 10293

I agree with JY Wang. When we see so many people proclaiming the new era of investing were valuation doesn't matter you know the speculation mania is in full force. It is also comical how anyone can criticise Buffet for not participating when he has accumulated an enormous fortune investing. These things all point to a mania, and manias always end badly. It is just a matter of time. And for those of us who don't have quite the fortune as Buffet, we must still make money during the mania (as opposed to sitting it out) yet still protect ourselves from the inevitable down draft.

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