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


To: john harris who wrote (2441)11/14/1997 9:57:00 PM
From: Paul Senior  Read Replies (2) | Respond to of 78625
 
Re Buffett and Book: I read a clip somewhere that said about one of the authors who is described in adverts. something like "a friend of the family for 30 years" - that actually Warren Buffett wouldn't recognize the man if he saw him (Warren not having actually met or talked with the gentlemen apparently).

Of course Buffett is well followed or at least commented upon by this thread. Buffett is so secretive about much of his work, that it's pretty hard to categorize and be sure exactly what he does -- especially now that he must (I assume) deal with large cap stocks. If Buffett is a unique, true genius when it comes to investing, and if his results cannot be reasonably or easily duplicated by others who follow what they perceive as his methods, then perhaps it is more profitable to emulate methods and people who are able to show us The Way. Like Graham.
(Uh, that being said, I will admit that my largest position and greatest gains have come from purchasing one particular stock after reading that Buffett purchased it, and after I came to believe Buffett inadvertently publicized his holding of it.)
Good investing, Paul Senior



To: john harris who wrote (2441)11/15/1997 4:36:00 AM
From: John Langston  Read Replies (1) | Respond to of 78625
 
John: I would be interested in your insights about the book. Thus far, it is the best investment book I've read. That might not be true if it had been the first, or especially if it had been the first about Buffet, or value investing in general.

The light came on for me numerous times in the reading.

John