>>This is an equity play ,, Waren Buffett way,,I hope every one understanbds the implications of it all..<<
Not quite. Read Buffetology. WB looks for companies that dominates its field, whose products and services are monopolies or nearly so, eg. KO
>>Imagine,, let say we have enough CMGI ,, and keep it for next 10 years,, where do you think this stock will be? I say ,,2,000 per share minimum,<<
FYI, BRK-A was in the 40's (fourties, four zero) in 1974.
>>we can margin the F@@@ out of it for our day trades,,<<
I don't think so. In the current state of the market, I wouldn't even think about margin. If you have to, no more than 25% to be prudent. |
