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Strategies & Market Trends : Buffettology

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To: James Clarke who wrote (894)1/2/1999 4:48:00 PM
From: jhg_in_kc  Read Replies (3) of 4691
 
BUFFETOLOGY IS NOT ABOUT LOOKING FOR BRAND NAMES What is it about?
Your passing on AOL years ago speaks volumes. Here you had a great stock served to you on a plate and you didn't pick up your knife and fork and taste it. Why , not a long enough track record, too high priced.
but it was a business you understood and a fine company you admired.
I think your methodology needs modifying: lesser time to have a track record, a smaller or even no margin of safety in some instances when a company is outstanding, etc. examination of future projected earnings, etc. Don't you think some tweaking is in order? Or will you miss the next AOL too? Just a thought.
jhg
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