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

To: exdaytrader76 who wrote (15162)	2/4/2002 7:59:22 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 18137

LOL! I'd never thought of it quite that way. The line is actually one I stole from Charlie Munger of BRK. As you may be aware, he and Warren have a favorite holding period for their investments.......... Forever. Who's more right, the frenetic trader getting nicked on every transaction or the guys who bought wisely and avoided emotion and the urge to action? Not to be rude, but what is your ranking on the Forbes 400? Munger is #172. forbes.com He's funny as hell. Though Warren is a stitch as well. The President's letter in a 1990's Annual Report said it all. Warren Buffet: "Well, our general policy is sloth. Some years we buy or sell a stock. This year, Charlie says it my turn to think about it."