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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Lucretius who wrote (25691)3/16/1999 4:15:00 PM
From: John Pitera  Read Replies (1) of 86076
 
The return of the Great and Powerful Lucretius,

check out this Buffett comment from another venue:

"People think I'm a fool."
Warren Buffet 3/15/99

Commenting on the release of BRK annual report
showing that he's long cash [$15 b]

Now, I have to say that Warren Buffet has a very exceptional long term record.
I believe that he is a wiley fox. Look to what he does and not to what he
says. Every 6 months for the past 1 1/2 years the amount of cash has been
increasing by more than 5 billion. As pointed out several months ago, he is
very exacting in his statements - they can have exact meanings which are not
apparent in a superficial interpretation. He has been cashing out and
"complaining" about it.
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