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Technology Stocks : Nuance Communications, Inc.
NUAN 54.840.0%Aug 11 5:00 PM EST

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To: Sr K who wrote (617)1/18/2008 12:25:37 AM
From: Patrick Slevin  Read Replies (1) of 834
 
Well, considering the investment as a percentage of the available capital put into AXP, I think Buffett would be the ultimate hero or fall guy.

Particularly in those days. BRK was probably a 20 or 25 dollar stock 40 years ago.

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Now, I don't have the reference material I gleaned this stuff from here, so I'll ask you. Wasn't it Buffett who raised the cash from private investors to control BRK, and didn't the ultimate decision regarding investments lie with him?

Particularly when you consider the risk. What was the percentage of available cash that he invested? Well over 40% as I recall, wasn't it?
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Which of course brings us back to the original intent of the post. It was a concentrated position.
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