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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (3057)5/6/2015 4:30:06 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 26769
 
Maybe he's saying that now because he thinks it bottomed and he wants to get people in the wrong way, sort of a reverse pump and dump... I don't trust him nor do I really care what he has to say about any market or anything... I really do prefer doing my own homework and the less I hear of other opinions, the better I feel (unless I ask)... but, that's just me... I have 100% faith in my own model and in my own work, to me that guy is just another bag of hot air along with so many others of them...<g>

This is certainly no reflection on you for telling me the guy's market two cents, I appreciate the intent and the thought, but who cares what the guy says...

GZ



To: Kirk © who wrote (3057)5/7/2015 9:46:51 AM
From: Fintas  Read Replies (1) | Respond to of 26769
 
I find it of interest that BUFFET took 5 B of IBM with an avg cost of 170.. And since that time he has stepped in a couple of times and then stated such.

Yet off the lows of 1992 ish he could have take oodles for 50-60 which is a smudge of what he is paying now if one understands IBM then and now.

He's got oodles of cash. Yet he's spending it supporting his own position.

I think that speaks volumes re his trust of the markets. On an aside if memory serves me BRKA went from 177k a share to 77k during the last decline. And at apprx 214k that's a great move off the 77k But from 177k to 214k over 7 years simply shows the challenges he faces going forward.

IMO

Fintas