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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (93262)11/27/2001 1:17:43 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 132070
 
tippet, >>Buffet is a very optimistic fellow

Buffet assumes that when you buy, you are buying value. <ggg>

Joan



To: yard_man who wrote (93262)11/27/2001 1:49:23 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
Tip, You forgot inflation. Also, we tend to overlook the fact that most folks buy high and hold. So, if we get our 6% by going up 60% one year and down 35% the next, most folks won't even get the 6%.