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Politics : Formerly About Applied Materials
AMAT 322.31-5.6%3:59 PM EST

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To: Ramsey Su who wrote (22645)8/7/1998 12:00:00 PM
From: Proud_Infidel  Read Replies (1) of 70976
 
Ramsey,

Sounds as if you are trying to invent a better mousetrap.

Investing isn't rocket science. Usually the answers are simpler than you may have thought. As an example, there have been many people who have been trying to outperform Buffet over the years. But consistently, he is far and away the leader. Why? He buys quality companies at attractive prices and leaves the rest for mgt to worry about. Do you really think he is agonizing over where the Yen will be in regards to many of his investments which have significant foreign exposure(i.e. KO)? Does not appear so from his lack of transactions in each of his holdings. We all could learn much from imitating Buffet.

Best of luck,

BK
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