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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: marc ultra who wrote (5889)	6/16/1999 1:32:00 AM
From: Lars	Respond to of 15132

Marc, >>> Lars re: your list of collapsed fads. I wonder why the biotechs of the early 90's aren't there since many tumbled 90% or went to oblivion. >>> The reason for no biotechs is that the book is from 1977. A hobby of mine is going to used book stores. I collect old investment books. I particularly enjoy reading books from right before 1973 and books right after 1974. This book is one of the best I have read. A wonderful education for $2.95. It is amazing what I have learned from it. The best times are when I find an old copy of The Intelligent Investor by Ben Graham for $2 or less in decent condition. They are worth much more than that depending upon the edition. There are some great deals. In my experience, used book sellers abhor investment books. They get them in a bulk estate buy usually (around here). I am the plague to them. HA!!! In 1998 I picked up an autographed copy of SuperMoney by 'Adam Smith' from this lady in the Hamptons. She asks me why I want the book. I tell her because it is autographed and it talks about Warren Buffett....plus the book is from the early 70s when most people had never heard of Warren. She asks me why do you want to read about a billionaire. What does he do with that money? That is obscene. She then asks me why he isn't like Ted Turner. HA!!!!! What a joke! So I tell her he has given more than old Teddie and has pledged a helluva lot more. She replies, I just think this much money is sick. I say, will you just sell me the damn book. All this bovine scatter coming from a woman with a book store in the Hamptons. HA!!!