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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Chispas who wrote (39469)3/10/2002 4:15:24 AM
From: LTK007  Read Replies (1) of 99280
 
Regards this quote<<Only Warren Buffett rivalled Soros as an investment maestro. And Buffett's
approach was infinitely more prosaic. He simply bought stocks in rock-solid
companies such as Coca-Cola and Disney and held them forever>> Soros is changing. Last year he said is going conservative and targeting 15% return on an annual basis.
He sees dangerous times and feels he need be protective towards his charity funds.
Also to be fair to Buffet his way over the haul had a spectacular performance.Anyone who invested in Berkshire in 1956 is a millionaire many times over.
Two years ago Brooklyn Polytech was pleasantly shocked that a retired profesor of their school on his death willed 80million dollars to Brooklyn Poly.
The money was the result of his just investing a portion of his teachers salary into Berkshire from the 50s on.
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