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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (29953)	3/14/1999 11:17:00 AM
From: whiskeyjack	Read Replies (2) \| Respond to of 116762

Hi Little joe>Re Buffett/Y2K; He dedicated a large section of his letter to this problem. $60M is a large chunk of change to spend on a problem, no matter who you are. Even after that spending, his businesses aren't protected and therefore not compliant due to mitigating factors outside of his control. Being in insurance, Disclaimers (both stock price and insurance policies) are the rule. He is the guru of risk assessment and alludes to the economic house of cards collapsing long before any computer glitches (may or may not) occurring. It will be interesting to see if a value conscious investor with copious amounts of cash insulates his capital with historically undervalued precious metals. His common sense, basic, grounded approach to investing runs in the opposite direction of the complex shenanigans of todays financial investments and enterprises. He has the clout, doesn't prefer idle cash, can't find any equities or businesses to fit the value profile of BH magnitude, so what is left for a simpleton from Omaha, especially in the face of daunting economic circumstances? Your thoughts/critque? wj