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Non-Tech : Conseco Insurance (CNO)

CNO 40.91

-0.8%

Nov 10 3:59 PM EST

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To: Cogito who wrote (4014)	3/17/2001 11:21:28 AM
From: Sr K	Read Replies (1) of 4155

I dispute: * The WJS is a reputable magazine because what was meant was * The WSJ is a reputable newspaper Also, it is "Buffett". Anyone who knows or has followed Buffett and Berkshire Hathaway would not rush to believe a report, even by the WSJ, about his trading activities, which as explained for 15 or 18 years are very tight-lipped. Any leak before an SEC filing is either from a brokerage firm who shortly thereafter won't get his business, or is intentional for some other purpose. 13. (from the BRK Owner's Manual): Despite our policy of candor, we will discuss our activities in marketable securities only to the extent legally required. Good investment ideas are rare, valuable and subject to competitive appropriation just as good product or business acquisition ideas are. Therefore we normally will not talk about our investment ideas. This ban extends even to securities we have sold (because we may purchase them again) and to stocks we are incorrectly rumored to be buying. If we deny those reports but say "no comment" on other occasions, the no-comments become confirmation.

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