Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: MonsieurGonzo who wrote (6758)	9/14/1999 11:48:00 AM
From: Berney	Read Replies (2) \| Respond to of 11051

MG, Amen Bro' I think that my view of the swamp may get somewhat cluttered by debris from the east coast. Looks like a nasty one when even Mickey closes down. I believe too much emphasis is put on Buffett as a "stock picker", too little on his genius for financial structure: when it comes to Buffett-ology, we overlook the obvious, imho. Over the years I've read almost every thing I could get my hands on written about him or by him. His disdain for technology stocks was really interesting. He reminds me of my father-in-law who never quite got the picture. But then, who am I to question the wizard. I totally agree that the financial structure is of greatest interest; particularly in the early days, when his compensation was tied to beating a bond benchmark! BTW, His mentor, Graham, had the same strange three-some relationship. It would confuse me. <gg> TB

To: MonsieurGonzo who wrote (6758)	9/16/1999 7:38:00 AM
From: smolejv@gmx.net	Read Replies (2) \| Respond to of 11051

>>financial structure of (Berkshire Hathaway)... his buying machine<< Dead on, Steve re floats used to procure equity. Isn't that "speshal" that the subject of the discussion is a "buy N hold" investor? Strange...;/ Re >>Were he young, ... he would simply feed surplus capital...into leveraged and hedged indices.<< Well, he decided for lower-risk/longer-term alternative, I mean, what's more he did not even try to go and make a pile selling calls & puts as his tutor, Benji "the Great" Graham did. Darn, do you think he regrets his decision (g)? dj PS: re his Scottish origins (a short episode): he cashed in a check for ~49.95 $ his daughter sent him, because "she owed him the money".