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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Hugh A who wrote (24659)10/28/2002 4:55:03 PM
From: LLCF  Respond to of 74559
 
It's also not just Gross vs Glassman... Buffet has been saying for years that there is little he would buy, and warning of an overvalued market. Many smart people turned bearish before him. THis puts Glassman directly at odds with those very astute people valuation wise.

IMO he's simply a footnote in history like tickertapes on ships, or shoeshines giving advice in the late 20's. Luckily for him it takes time to realize these things and he may still get invited to the odd cocktail party. A great example of facts getting in the way of common sense.

DAK