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

To: Chuzzlewit who wrote (815)	12/27/1998 5:36:00 PM
From: cfimx	Read Replies (1) \| Respond to of 4691

I have an idea. How about a new thread called Chuzzletology? >> My return over the past 30 years is greater than Buffett's. But then, I started with much, much less money than he << Really Chuzz. How is that one can start with LESS THAN ZERO? Were you born with an AMEX bill due? PS: If you really compounded capital at that rate for 30 years, I doubt you'd be spending half your life shooting the bull with your buds on SI.

To: Chuzzlewit who wrote (815)	12/27/1998 7:52:00 PM
From: Michael Burry	Read Replies (1) \| Respond to of 4691

CW, OK, that's about it. If you're a a better investor than Buffett, and you've done better than him for 30 years, seriously, prove it and take the acclaim you deserve. But do it somewhere else. This Buffettology thread is really not the place. It is very, very easy to start threads here. I've started quite a few. There's no reason you couldn't start "Chuzzlewitology." JHG I'm sure would join you. You could alternatively just name it "The Next Microsoft" and the meaning and content would not be lost on SI types. You can talk about the new era, why Buffett's methods are causing us to miss all the fun, and there are many out there who would agree with you. CW, you are arguing a very simple point -that catching the biggest and best growth companies will earn you high returns. No crap. And then you throw out my "consistency" counterargument by saying a)you've done better than Buffett and b) you diversify. Really, there's got to be a record, and at the very least, a name before you expect any of us to take this. What you don't seem to get is that I and others who take on value-oriented investing (which Buffett certainly does) understand your argument and reject it very plainly. Bill Gates? He is an extraordinarily intelligent individual who was lucky enough to happen upon some very good ideas and now he's the richest in the US. How you make the leap from that fact to his being a better investor than Buffett...well that's definitely Chuzzlewitology. Mike