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Non-Tech : How to Sell Stocks -- Ignore unavailable to you. Want to Upgrade?

To: VIXandMore who wrote (8)	3/16/2004 2:30:38 PM
From: VIXandMore	Respond to of 12

Buffett on selling marketwatch.com "We are neither enthusiastic nor negative about the portfolio we hold. We own pieces of excellent businesses -- all of which had good gains in intrinsic value last year -- but their current prices reflect their excellence. The unpleasant corollary to this conclusion is that I made a big mistake in not selling several of our larger holdings during The Great Bubble. If these stocks are fully priced now, you may wonder what I was thinking four years ago when their intrinsic value was lower and their prices far higher. So do I."