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Strategies & Market Trends : Buffettology
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To: Tomato who wrote (842)12/28/1998 7:25:00 PM
From: James Clarke  Read Replies (1) of 4691
 
When Buffett leaves us, the stock trades on asset value, and probably at a discount (and no, I don not mean book value). That's why you don't want to buy this one too much above that level. No matter who succeeds him, it would take years (and a miracle) to achieve the credibility that WB has with us now.

JJC
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