SI
SI
discoversearch

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 : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: tekboy who wrote (42228)4/30/2001 11:22:08 AM
From: Jurgis Bekepuris  Read Replies (2) | Respond to of 54805
 
Hey guys,

This is a little off topic, but at the same time on-topic too. :-)) I did not read some of the
latest messages, so maybe it was already covered in the thread.

BRK just had an annual meeting:
siliconinvestor.com

Buffett said that BRK won't achieve 15% growth in earnings and that almost no companies will.
He said that future returns from stock market will be 6%.

Why not buy treasuries then? This is risk-free 6% (5.8X on 30years right now)
plus potential for quick gain if yields fall. Certainly stock investing for 6% gains
has zero motivation. If I followed Buffett's view, I'd buy long bonds and maybe
allocate 5-10% to options for fun. Of course, I don't agree with him - I hope for
sustainable growth of tech G&Ks, but if they rise to stratosphere again, I
would sell.

The most worrisome thing is that he MAY BE right. :-(((( In which case we
(and 90% of american public) will be toast. I can't see flat 6% growth in
market. Much more likely we will get 30% up, 60% down scenarios.
It may be that long term holding is dead and the time has come for
trading. :-((( Hmm, I already sell at the right prices anyway, so what's wrong with
trading. ;-)

Jurgis - please no "Gs will grow faster than 6%" responses