Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : Nostradamus: Predictions -- Ignore unavailable to you. Want to Upgrade?

To: Larry G. who wrote (472)	4/20/1998 11:24:00 AM
From: Jane Hafker	Read Replies (1) \| Respond to of 1615

I wish I could get it and study it. I wonder why it works. I was buying at full commission at Schwab on hunches of what absolutely had to go up. When I made anywhere from $300 clear on up I sold. I doubled my money in a year. If I could do that every year I'd be as rich as Buffet. Maybe that's what he did. The other way is the woman who recently died and gave all of her money to a Jewish girls college. She invested $5,000 in small stocks in her younger days. She had about 10 of them, I guess. Left them there, as I read it, and in the end gave most of the $20,000,000 in the securities in the bank drawer to the college. Now, that's the one they should have done a study on. I'll bet its on the net somewhere. That proved the miracle of reinvesting dividends and stock splitting, etc. She apparently was TOO PENNIPINCHING to even trade. Just let it all sit there accumulating. What is Buffet's strategy? I need it whatever it is. I have almost all stock except NOVL and my main fund tied up in Gar-BAAGe. Absolutely Gar-BAAGe. Now the plan is to go back to what I first did. Following no crowds anywhere, unless I am one of the ones to get there first and I talk to the company in addition, as well as looking up the near term possible success of such a company. The stocks are almost rotated bythe street. Two months and they love HEALTH. Everyone buys health. Then they hate health for a long ttime, while everyone loves another sector and runs to buy it. Chasing sectors might be an interesting experiement. Also cyclicals. Buffet must make part of his billions on known predicable cyclicals which look exactly like an EKG on the charts year after year. I know one exactly like that and am going to look for tohers. Tell me about Buffet.