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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Stefan who wrote (29068)3/14/1999 3:15:00 PM
From: John Stichnoth  Read Replies (1) | Respond to of 70976
 
Stefan, But that article doesn't contradict that when he buys a stock it is with the expectation or hope that he will never sell. He sells when the company changes (eg., the Citi and Travelers merger and he apparently didn't like the combination--and remember he was only in that because of his Salamon dealings), or circumstancs change (eg., he bought all of Dairy Queen, and left McD's). And investment turnover at BRK is extraordinarily low.

JS