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Strategies & Market Trends : Buffettology

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To: Michael & B.Anne who wrote (1511)	5/22/1999 2:33:00 AM
From: Michael & B.Anne	Read Replies (2) of 4691

one more proposal and slight modification (to make it more Buffettesque":) d) requirement to sell off dollar value of float received for the year prior to last trading day of the year - to pay for demands against the float. a) no more than 3 trades per year (other than "C)", below) b) a transaction charge e.g., $5,000 (penalty) for trades over yearly limit. c) $25,000 (new float money available) every 3 months Less than what you suggested, but more favorable toward a bias of buying and holding -- as opposed to looking for new things. regards

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