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Technology Stocks : Long Term Investors' Outpost

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To: Lizzie Tudor who wrote (350)	8/8/2002 2:33:44 PM
From: Lizzie Tudor	Read Replies (1) of 562

Chamber's has the advantage in that arena, and his position is opposed to Buffett's. Glad there is one person in the world who holds this view. I read "the Warren Buffett way" about 6 mos ago. Not a thing in there about megagrowth and how to finance it. No real discussion of mkt share gains vs profitability in the short term and the tradeoffs that need to be made. The companies profiled (Sees candies etc) were what I'd call dominant players in low growth industries, in some ways that was the real secret to this investing methodology, growth just sorta happens because nobody is there to take it away. Not like tech at all. L

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