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.

Strategies & Market Trends : Buffettology -- Ignore unavailable to you. Want to Upgrade?

To: James Clarke who wrote (2646)	8/30/2000 9:05:31 PM
From: Michael Burry	1 Recommendation Read Replies (2) \| Respond to of 4690

I think we're learning something about Gap and fashion in retail. Basically, it's all fashion-driven. In a post earlier on this board, I brought up that from my store visits, Gap didn't seem any less exposed to fashion risk than anyone else in the industry. Now ANF and AEOS are rallying because experts are saying they had the right fashion mix for this fall. BUT I would still say that this just cements the fashion fate even more so. A while ago, we were talking about ANF being the next GAP. Well, let's hope not. BTW, I've completed a review of Buffett's holdings, and doesn't appear that he has any GAP. Not the last few years. BTW BTW, Buffett has UST and Edison International. California is going medieval on its utilities. I was lucky to grab UST at prices around where Buffett must have bought. We may get a chance to do so with Edison International. Contrary to popular press, these are the only two that he likely bought last quarter. Good investing, Mike