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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: Ann Janssen who wrote (18405)3/13/1998 6:25:00 PM
From: Sonny McWilliams  Respond to of 27012
 
Ann. Buffett. Well, they are saying he lost 24% but he did not really lose it he just didn't sell much within the last year. If you ask me I would say this is funny bookkeeping. I heard he sold WFC and other things and then bought bonds within the last year. What the heck is the diff. if he sells and then keeps it in his portfolio. I guess they count actual sales different from paper profits. But if he bought bonds for it, it should count as an investment again. But I guess not as a paper investment because it is cash? gg. Confused by my post? Don't worry, I am too.
Otherwise I guess I am like you. What do I know? Losing 24% sounds like losing 24% to me. Maybe the riddle will be clarified tomorrow and we can learn how to make 24% less but not really.

Stonehenge, if you make less this year than last year on your CPQ and Intel, don't worry, you will not be down, it just looks like this to you but the rest of us know that you actually did well. I think this applies to my portfolio also. I sold more last year but less this year, so, I did alright. gg. Ann, does this sound alright to you?

But in any event, I think I should have bought Buffett's stock in the 1980's. I thought about buying 10 shares but decided that the price for 1 share was way too high. Sigh.

Sonny