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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (1099)9/18/1998 11:59:00 AM
From: Kirk ©  Read Replies (2) of 15132
 
My take on some Buffett reading and probing.

-> He sold his zero's recently raising alot of cash that he can invest. I agree with this move.....bonds are low on a relative time scale and have less appreciation potential.

-> His company is valued 25% LESS than it was in July.... quote.yahoo.com

I posted this yesterday suite101.com

Obviously, Warren didn't agree with Bob's market call for lump sum buying at DOW 8650 as Warren is sitting on a pile of cash while good solid companies are at or near 52Wk lows.

Kirk
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