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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.76-1.5%12:24 PM EST
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To: Wyätt Gwyön who wrote (134307)6/2/2004 2:37:39 PM
From: slacker711  Read Replies (1) of 152472
 
i guess you've never heard of concepts like cherrypicking, data mining, law of large numbers, etc? these are things one must consider.

Did you talk about any of those things in your posts?

Nope, you looked at total return over two different time periods to determine outperformance. I dont see that as much of an argument. If somebody had returned 15% a year over the last sixty years, I wouldnt consider them a better investor than Buffett.

Personally, I dont see what the big deal is....so somebody might have outperformed Buffett. Who cares? He obviously is a giant of the investing industry and if there are a couple of other people on the same pedastal, so be it.

Slacker
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