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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (46925)2/13/1999 1:10:00 PM
From: Earlie  Read Replies (2) of 132070
 
MB and gang:
Good piece on Warren Mcbuffet and his desire for a bit of secrecy on the Bloomberg. This was a topic on the thread a year or so ago if I remember correctly. Warren wants the SEC to continue to allow his boys to trade their size positions without telling everybody what they are up to, at least not right away. In an August letter, Warren appears to have indicated that Berkshire would be "trading" (selling?) certain stocks if they hit certain levels.
A new tone may be emerging,...Berkshire does not consider its "positions" (previously referred to as holdings?) "to be anything near permanent". Wow. The old fox continuing to sneak out the back door (as was so brilliantly accomplished, on a starting basis, last year)?

Now that should get the bulls pawing the ground. (g)

Best, Earlie
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