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

To: Jane Hafker who wrote (483)	4/20/1998 7:19:00 PM
From: Larry G.	Respond to of 1615

Jane, I think Buffet must have taken lessons from that Jewish lady. Accept he does not invest in small stocks. The guy probably has an IQ near or above 140. He buys and holds. He knows the value of a company and if someone offers more than it is worth, I'm sure he would sell. But every time you sell, you have to pay a commission and the government has their had out for taxes. If you had given him $10,000 in 1958 and let him invest it, today you would have over 100,000 million plus or minus. Buy and hold can be more profitable. I do not think it is a fun but maybe it is the way to go. What do you think? Do you have any goals you would like achieve in your investing? Larry G.