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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Cynic 2005 who wrote (25073)3/13/1999 11:38:00 AM
From: accountclosed  Read Replies (1) of 86076
 
Several of the public companies in which we have major
investments experienced significant operating shortfalls that
neither they nor I anticipated early in the year,'' Buffett
wrote. ''Consequently, our equity portfolio did not perform
nearly as well as did the S&P 500.''...Overall, you would have been
better off last year if I had regularly snuck off to the movies
during market hours.''


bloomberg.com
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