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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: rjm2 who wrote (17716)9/19/2003 10:18:27 PM
From: Madharry  Read Replies (1) | Respond to of 78535
 
It is difficult to read this without making some facetious comment. It seems to me that because of the capriciousness with which BODs now approve the repricing of options. investors will forever be obligated to ride the roller coaster of volatile shareprices. Company executives will be exempted from such perilous activities. They will hold options and if the price increases they exercise and sell. if the price declines-no problem- they just reprice retroactively to the low for the previous six months. Such examples abound. Given the slam dunk nature of holding options why should insiders hold shares? Unless of course they are restricted stock awards.



To: rjm2 who wrote (17716)9/21/2003 9:53:40 AM
From: Steve168  Read Replies (1) | Respond to of 78535
 
rjm2, good post on the insider selling issue.

Is there a website that we can see charts of insider selling? Like to compare with NASDAQ/SP500 to see if there is any relation to stock price.



To: rjm2 who wrote (17716)10/28/2003 2:01:45 PM
From: rjm2  Respond to of 78535
 
I am glad to see that Warren is having a hard time finding stocks to buy also ! I thought it was just me ! LOL

Buffett Sees Little to Invest In

Sunday October 26, 4:32 PM EST

NEW YORK (Reuters) - Warren Buffett sees very few attractive investments at the moment, and is sitting tight on a $24 billion war chest.

The billionaire investor and chief executive of Berkshire Hathaway said in an interview with Barron's that he is not impressed with the current opportunities in stocks, Treasury bonds or junk debt.

"We've got more cash than ideas. The question is whether that will prevail for an unduly long time," he told Barron's.

In fact, Berkshire sold $9 billion of long-term Treasury bonds this year, and Buffett said buying at current levels is not a wise move, according to the report, which appeared in the Oct. 27 edition of the newspaper.

Buffett expressed regret about not selling shares of big companies like Coca-Cola Co. and Gillette Co. when those stocks crested in the late 1990s.

He added that such sales would have been complicated by the fact that he sat on both companies' boards at the time, raising possible red flags about insider trading.

He said he erred in not buying shares of Wal-Mart Stores Inc. years ago, because he viewed the stock as overvalued. That miscalculation cost Berkshire $8 billion, he told Barron's.

Buffett was upbeat about the insurance businesses that make up the most important part of his company. Those units include auto insurer Geico and global reinsurer General Re Corp.

He also complimented rival car insurers Progressive Corp. and Mercury General Corp., praising Progressive's strong systems and Mercury's CEO George Joseph, according to Barron's.