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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (40507)3/17/2001 8:16:37 AM
From: hueyone  Read Replies (1) of 54805
 
re: Buffet: But that old geezer billionaire, Buffett, doesn't he make it look simple? He just looks for great companies, buys them, and holds on.

Don't forget the very important part about buying at a price with a margin of safety. I am sure Buffet found the purchase prices of great tech companies at overblown prices in recent years quite laughable. BRka often has a large cash hoard while waiting years for an opportunity to buy companies at a reasonable price.

Huey
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