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To: Boplicity who wrote (5080)11/16/2000 8:03:59 PM
From: Uncle Frank  Read Replies (2) | Respond to of 10934
 
>> Even the number one buy and hold picker in the world Buffet, determines valuation before he lays down his hard earned money.

Very true, but he determines the value of the enterprise going forward. That's a lot different than using TA to value the price of the stock.

uf@icouldn'tresist.com



To: Boplicity who wrote (5080)11/16/2000 9:30:59 PM
From: DownSouth  Read Replies (3) | Respond to of 10934
 
GM, I doubt that WB uses TA to determine the value of a company going forward. I suspect that his dd into a company's fundamentals would make gorilla gamers look like momo investors.

I doubt, also, that WB is very concerned about daily, weekly, or even quarterly stock moves of his holdings.

You can bet he is not concerned about timing his buys, either.

I am sure that you and WB are alike in your investing styles in other ways, though.