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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.130.0%2:43 PM EST
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To: The Phoenix who wrote (34558)5/1/2000 5:33:00 PM
From: GVTucker  Read Replies (2) of 77400
 
Gary, RE: Interesting that you said I called Buffet foolish when I didn't then you turn around and call me a fool. GV... we've had very few discussions in the past, now I see why. Apparently you are suggesting my investing style isn't successful and that I'm foolish because I don't listen to Buffett. Are you suggesting I'm a less successful investor because I don't listen to him??? Who is the fool?

A. You have no interest in what Buffett has to say. If you did not think him foolish, logic would would argue that you listen to him, no?

B. I never said that your investment style wasn't successful. There are many different styles out there that are very different and still very successful. I do believe that you are less successful, and will be less successful in the future, if you do not study Buffett's words. The fact that he takes a stance that is the diametric opposite from your perspective and yet still succeeds would argue that you could learn a thing or two from him.

Just because I do not think that buying Cisco here is a wise decision doesn't mean that I think that people bullish on Cisco are fools who are not deserving of any attention form me. On the contrary, that is why I am here.

For every trade that I ever make, I must make the assumption that there is most likely a person smarter than me on the other side of that trade. If I do not understand that person's premise, I have done a poor job of due diligence.
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