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.

Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: porcupine --''''> who wrote (819)	9/27/1998 12:05:00 PM
From: Freedom Fighter	Respond to of 1722

>>10% Market Share I don't have any statistics on the subject, but I do have a small contribution. Warren Buffett, Charlie Munger, and Jack Welch (GE) all prefer to buy companies that are the number one or two market share company in their industry. There are many obvious advantages to size. (Marketing, distribution, purchasing etc..) As an example: I can give you a list of 300 beers that are sold in the U.S. that are better than Budweiser. I bet you've never tasted or heard of 275 of them. The frogs on the other hand are quite cool!

To: porcupine --''''> who wrote (819)	9/27/1998 12:30:00 PM
From: Freedom Fighter	Respond to of 1722

Credit Crunch Info! biz.yahoo.com

To: porcupine --''''> who wrote (819)	9/27/1998 12:43:00 PM
From: Freedom Fighter	Read Replies (2) \| Respond to of 1722

>if 10% of a band of monkeys learn a particular skill the entire monkey population instantly acquires the skill even those who have never seen it performed, etc.<< I heard a similar story about blue birds on a philosophy special on PBS. Supposedly, a small group of bluebirds (in Europe I believe) learned how to get the cream out of the top of the bottles of milk that were delivered by the milkman. Due to War, there was an interruption to milk delivery across the continent. The interruption lasted long enough so that the entire bluebird population that learned the trick was long dead by the time delivery was restored. When it was restored, the entire population of blue birds across Europe knew the same trick even though none were alive at the time it was learned. Many were in places that were too distant for the original tricksters to have traveled so there was no direct genetic link for passing the knowledge. This sort of stuff has all kinds of implications.

To: porcupine --''''> who wrote (819)	9/28/1998 3:29:00 AM
From: porcupine --''''>	Read Replies (1) \| Respond to of 1722

Theoretical question: Why wouldn't pegging a currency against the dollar, gold, etc., be as doomed to create shortages or oversupply as when government attempts to fix any other price?

To: porcupine --''''> who wrote (819)	9/28/1998 3:37:00 AM
From: porcupine --''''>	Read Replies (1) \| Respond to of 1722

No MSFT options for Gates in '98 --''''> MICROSOFT CORP CEO Bill Gates, ranked by Forbes magazine as the richest man in the world, got lower compensation in the fiscal year just ended than in 1997, again making him only the second-highest paid Microsoft official. He received a base salary in fiscal 1998, ended June 30, of $368,874 from the computer software giant he co-founded. Combined with a bonus of $173,423, Gates had a total compensation package worth $542,297 in fiscal 1998, slightly lower than the $591,352 he got in fiscal 1997, according to Microsoft's proxy filed with the SEC. It added that no stock options were granted to any of its executive officers in fiscal 1998. (Reuters 11:15 AM ET 09/25/98) For the full text story, see infobeat.com