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

To: kahunabear who wrote (5016)	9/18/1998 12:15:00 AM
From: James Clarke	Read Replies (3) \| Respond to of 78474

No, but thanks for the information. I'll call him tomorrow. And yes, I agree with you. Gillette investors are in for a surprise down the road a piece - that one of Buffett's "never sells" just got sold at the peak. Gillette at 60 was idiotic. Though another Buffett watcher pointed out to me today that BRK has a 38% capital gains tax and a very very low basis in Gillette. So he would have had to believe there was over 40% downside, and been pretty damn sure of that, to sell. So maybe I'm wrong and he's still holding it. All I know is that its within 20% of where I'll step up and buy it. Jim