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Strategies & Market Trends : Buffettology
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To: cfimx who wrote (983)1/10/1999 10:53:00 AM
From: James Clarke  Read Replies (2) of 4691
 
Call me inflexible, but I refuse to budge much on valuation. If we can't find Buffett stocks at the right price today, the conclusion should not be to buy them anyway. For there is a third lesson of Buffett's success - patience. Probably the most difficult one for us to learn. And I deserve as big a kick in the pants as anybody for lack of patience, being fully invested in a market like this.

JJC
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