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Non-Tech : Berkshire Hathaway Class B

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To: Dale Baker who wrote (808)5/21/1999 10:18:00 AM
From: Fredman  Read Replies (1) of 1652
 
excuse me ? i FOCUSED on what ? i used some examples..... I won't let anybody pick some stock at .03 a share and have it go to god-knows-where when it spikes.
I will TRY to make it real simple: If your grandmother gave you $300,000 and said DO NOT LOSE IT, where would you go with it ?
If Fidelity gave you X dollars and said you were RESPONSIBLE for it, where would you put it ?
This is a 'buy it on Monday and canot sell it for a few years'.
No, that makes it kinda unrealistic. Let's say we can sell AT MOST 2 issues a year, at a particular days' close, and you cannot rebuy it or its' parent company if they are taken over.
Is THAT okay ?
You don't have to participate, and i won't argue about it because this just isn't a big deal.
What do i hope to accomplish ? to see if investing for the long haul in today's world is as easy as people seem to think it is.
And yes, it might very well be. DELL might very well be a 'can't miss', but at what time does advancements in technology slow down to a crawl ? At one time, APPLE was the only game in town, as was Wordperfect and Lotus 1-2-3. They still cannot make a decent battery powered car, and cannot seem to get rocket science down, and haven't found cures for lots of forms of cancer....
Dale, if you don't understand what i'm saying, don't bother trying to fight with me. It's just a simple.....'contest' isn't even the right word.
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