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.

Non-Tech : Berkshire Hathaway Class B -- Ignore unavailable to you. Want to Upgrade?

To: Bert Klimer who wrote (681)	3/15/1999 12:57:00 AM
From: The Duke of URL©	Respond to of 1652

Yes, but if memory serves, warren bought most of his AXP at about 20. I think he picked up some more when the stock dipped from 120 to about interday 71 in October 1998. Now its 126+. I think Warren's quote is "great companies at a reasonable price", not "great companies whose stock has just shot up 80%". <ggg> BUT, it is well known that knowledge of Warren's interest will drive up the price. AXP is a good company here, but a for a copy cat fund, which has some awareness of it's year to year growth record. It will may look pretty stupid for the next year or so with AXP as a major % of its holdings. Duke