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To: hueyone who wrote (114298)2/25/2002 2:24:36 PM
From: engineer  Respond to of 152472
 
Look at how much cash he put int he hands of his managers and you will find that IF he actualy did the accounting for the stock options he replaced, he paid out MORE in teh cahs bonus than the stock options cost. So what good did that do for the stockholder?

And just an FYI...he doesn;t exert all that much control of his companies from an investor point of view, wiht the exception of a few highly published ones.



To: hueyone who wrote (114298)2/25/2002 2:33:30 PM
From: Uncle Frank  Read Replies (2) | Respond to of 152472
 
>> Is there any merit to engineer's contention?

I've got Buffett on my bookshelf, right next to Moore, Lynch, Christensen, and Roth. His accomplishments are legendary. So are Arnold Palmer's. Buffett is no idiot, but that doesn't mean his followers are immune.

uf