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Strategies & Market Trends : Buffettology

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To: jhg_in_kc who wrote (896)	1/2/1999 6:20:00 PM
From: James Clarke	Read Replies (3) of 4691

jhg, I congratulate you on your returns in the last year and I would recommend you to put them in a bank account before you lose them. Have you ever read Buffett? Do you have any comprehension of what a margin of safety is? Do you understand what the mathematics of a triple digit high-PE ratio imply for long term returns? I have enjoyed engaging with you on a discussion of Dell, which could very well be a Buffett company. I learned a lot from that - most of which was from your friend Chuzzlewit. But your last post shows me that I am wasting my and everybody else's time on this thread with somebody who has absolutely no comprehension of what Buffetology, or investing itself, is about. Buffett has written his entire strategy out for us to learn from, but you think you can do better than that. I will look forward to hearing ten years how you did. Until then you've got a lot of reading to do or you should find somebody else on this thread naive enough to think you're here, like the rest of us, to learn something from others. This is not censorship, continue posting, but I am just not interested anymore. Jim

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