Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (55551)	10/4/2001 8:51:11 PM
From: Skeet Shipman	Read Replies (1) of 94695

A couple of experienced investors do not agree with your long term view: Warren Buffett and Thomas Bailey. Buffett has weighed in on what most economists now see as a U.S. economic recession, saying, "I'm sure we are in a recession, probably a relatively deep and extended one, but they are part of business life and we are prepared," Buffett said in a Sept. 26 memo posted on the Web site of his Berkshire Hathaway. Thomas Bailey is selling his interest in the business that made him a billionaire. The chief executive officer of Janus Capital Corp., perhaps the hottest mutual fund company during the equity explosion of the 1990s, will sell his remaining interest in Stilwell Financial. ( forbes.com ) I guess they need too learn TA. <ggg> I wonder who will be this decade's Wall Street Oracles? Skeet

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