SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1998 Short Picks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dale Baker who wrote (9153)5/25/1998 10:15:00 AM
From: Pancho Villa  Read Replies (1) of 18691
 
brka/b shorts: just a thought: Remember prices are determined by supply/demand it may be that these issues hold up better than the market as BRKA/B holders (including Mr. Buffet who controls a large chunk of the float) are a very loyal crowd. I think for this stocks to tank would take some pretty bad news like Mr. Buffet's health becoming a concern. I wish the guy the best health in the world but the fact is that we do not last forever. Put BRKA/B hefty valuations which indicates future returns even under the best scenario should be below the norm, together with the possibility of Mr. Buffet entering the hospital in the next few years even if it is to take care of a toe nail and then you may justify shorting these stocks long term. In the short term shorting SPY's may be better despite the fact that Buffet's company is flying much higher.

pancho
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext