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


To: cfimx who wrote (5544)12/21/1998 8:46:00 PM
From: Freedom Fighter  Read Replies (1) | Respond to of 78666
 
Twister,

>>Wayne, what on earth would posess you to "tout" a stock like that?I actually nibbled today as well. Do you think there is more index
selling in store this week and next? Warren also said some non-index
shareholders of grn may not want to be a part of the new group. This may
be the opportunity we've been waiting for. Berkshire is again
"underneath the radar."<<

As you know, I generally don't tout anything. The regulars of this thread like specifics though and have given me some heat for my generally bearish comments without any specifics. So I gave them this one. It certainly isn't a Graham style investment though.

I suppose there could be more selling by indexers and others. It's OK with me though. It's always a little distressing watching your stock go down during a tremendous rally. But in this case I welcome it. I have few ideas and lots of cash. Berkshire falls into the category of a great company at a price that makes sense....run by a genius. I'll take it. Good Luck Partner!

Wayne