SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Baidu (BIDU) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Chiu who wrote (1258)3/23/2008 9:56:51 AM
From: Sr K  Read Replies (1) | Respond to of 2098
 
>>this olympics rally thing really has not pan out.<<

the olympics rally anticipated. Many people expected selling 6 months (the usual market foresight) before the Olympics would be a prudent approach to the exuberance.

Buffett closed out Berkshire's PTR even earlier and happily paid $1.2 billion taxes on the gain.

And the 1-2% tax rate was just an earlier-years incentive, and Robin Li repeatedly answered that it would increase (to high single digits).