RE:<"you have no knowledge of what Buffettology or investing itself is all about"> Try to keep a civil tongue in your head sir, if you don't mind. Indeed and forsooth--
I am beginning to get the hang of this Buffetfology, that is, Buffettology as taught in the gospel of James, particularly in the parable of the owl and the gorilla.
In the book of James 34:14 we read--
"There was a wise old owl, much like James, very patient and also very irritable when his feathers were ruffled.
And it came to pass that the owl set off in pursuit of a gorilla.
He saw a young and growing gorilla but he would not buy it because it was immature and unreliable and growing too fast.
He saw a mature gorilla in its prime, very large and thumping his chest, but it was too expensive and he did not buy it.
Lo! he had a new strategy, wait until the mature gorilla wanders away from its natual habitat, has an accident, becomes ill and falls down on the ground whimpering. Then buy it"
There you have it. Buffettology as taught in the book of James--- be very patient, be very, very cheap, and buy old, sick monkeys.
What a hoot!
jhg |
