SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buffettology

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Daniel Chisholm who wrote (2124)2/15/2000 1:50:00 PM
From: cfimx  Read Replies (1) of 4691
 
Notice the key phrase "NOT" undervalued. That is not the same as "overvalued" Most people feel that they believe it was FAIRLY valued at the time. They have been asked about this and point to the clever phrasing. They might not buy it because it was fairly valued and they knew of securities which were UNDERvalued. Plus, they each have a "full" position. <G>

What has happened since? They bought ALL of Geico. Geico has been on Tear. They bought Excecutive Jet. They bought Dairy Queen, and I think they may have bought Flight Safety too. And of course they have Gen Reinsurance now. And they are buying MidAmerica.

I think Interest rates were HIGHER then too. A lowering of rates raises the IV of the investment.

PS: would you be of a mind to email this PDF to me? <g>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext