Bidder, "Mr Buffet would dissagree with you. He says, "...put it all down on one or two stocks. Why put into others when your best is better?"
He was referring to one or two stocks per market segment, and he was talking about investments, NOT SPECULATIONS. Buffet does not speculate. Further, he stresses that one should never invest in industries one does not fully understand. Hence, he never put money into technology issues, though he counts Bill Gates among his friends. He put money in Silver bullion instead a Silver miner, or two, the way Gates did, because he doesn't understand mining.
Now if you find that Buffet has shown an interest in IMA, well, that would be an interesting mention of his name. In the meantime, you are neither a winner, nor a loser with IMA until you book your transaction. I hope your thinking of recovering at least your seed money before too long. |
