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Non-Tech : Berkshire Hathaway Class B -- Ignore unavailable to you. Want to Upgrade?

To: Yamakita who wrote (846)	7/14/1999 6:38:00 PM
From: Fredman	Read Replies (2) \| Respond to of 1652

I wonder what he bought last september and october - besides General Re..... ?????? Ya know, we keep reading about how rich people would be if they would have invested $10,000 in WEB in 1958, or 68, or 78, or 88.... Heck, not even just WEB - there are a lot of them out there. My question is, where do you put $10,000 TODAY ? would we get the same effect ? Hindsight is 20-20, so like MSFT commercials say, 'where do you want to go today ?'

To: Yamakita who wrote (846)	7/17/1999 12:21:00 AM
From: jhg_in_kc	Read Replies (1) \| Respond to of 1652

you must be a fool. have you ever lived through a BIg Crash? they are no fun, I assure you. How would you like 18% prime rate and a stock market that goes down for 7 years and erases 50% of the invested capital in the United States. we have a generation of fucked up kids just now coming of age who were born in the 70s, the time of the Nixon Crash. they are not called generation x for nothing. economic depressions are social evils to be avoided. it is a shame that warren buffett made his money then. let him use his ingenuity to make money in these times rather than just buying distressed merchandise. jhg