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Pastimes : All Clowns Must Be Destroyed

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To: patron_anejo_por_favor who wrote (30268)4/30/2000 6:46:00 PM
From: Joseph Beltran  Read Replies (2) of 42523
 
I think Buffett deserves all the accolades he has received as an "investment genius". But what I fail to understand is why he should be given much credence when it comes to his criticism of "technology" and related valuations when he concedes that he is essentially "stupid" about technology and therefore refuses to invest in it. How can one not understand technology but be an expert in its valuation? (In no way should this be construed as an endorsement on my part of current tech valuations.)
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