>>Right, and Mr. Buffett's largest holding (Coca Cola) is
>>selling at 45 times earnings and growing 15% a year.
>>Three times its growth rate based on '98 earnings.
>>Leading brand globally.
>>Yahoo is selling at considerably less than three times
>>its growth rate, and it has the leading global brand also.
William,
You're so right.
Yoohoo? beats out the past 80 years of KO by a long shot!
Sell any blue chips in your portfolio and put it all in Yoohoo?
Let's see. Take a very conservative approach and assume
that Yoohoo? will grow its EPS at ONLY 100%/year for
the next 80 years. Spend $100 and put just one share of
Yoohoo? (@ $84) in a Roth IRA, and in 80 years you should
have--ignoring inflation, but that's trivial compared to the
growth rate, n'est pas?--a whopping 10 to the 26th power
dollars, or $102,000,000,000,000,000,000,000,000.00.
Tax Free!
David |
