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To: Dale Baker who wrote (58171)1/23/2008 10:34:53 AM
From: Jurgis BekepurisRespond to of 118717
 
WOW, way to twist my words. Buffett has held billions of cash for long time and its his choice. He did not ever sell half of his holdings because of fear that market will drop tomorrow. Really, it's an end of discussion.



To: Dale Baker who wrote (58171)1/23/2008 11:00:03 AM
From: caprice_87Read Replies (2) | Respond to of 118717
 
On the Buffett subject matter. Interesting that one of his recent purchases that went well below his purchase price KMX, has had a solid reversal over the last 2 days after hitting new lows on yesterdays morning dump.

If we are in a recession people will apparently choose to buy used vs new. Disclosure, no position either way here.

biz.yahoo.com


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