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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Brian K Crawford who wrote (112926)3/28/1999 6:10:00 AM
From: Yamakita  Read Replies (2) | Respond to of 176387
 
Brian, re: the Dairy Queen purchase: I'm pretty sure that it had mostly to do with management. One of Buffett's main criteria for purchase is whether or not the owner is someone he'd allow his daughter to marry--it he's not "in love" with the people who run/own it, he won't touch it, no matter how good its business prospects. Conversely, and perhaps to his discredit, I have heard that quality of managerial character is often *the* overriding factor in his investment decisions. I imagine that he's bonkers over DQ's management, loves their "dusty" Sundaes in that corny way that only he can, loves to blow away mainstream media by holding meetings in the Omaha DQ, etc. Kind of a manifestation of his philosophy--not a supergreat, set-the-world-on-fire biz, but a steady, honest one that makes its $ the old fashioned way.

Yamakita



To: Brian K Crawford who wrote (112926)3/28/1999 12:48:00 PM
From: edamo  Respond to of 176387
 
brian...re: dell/pcs...geico/insurance

buffett also said (paraphrase)...i'd sell insurance policies in an emergency ward...if they allow me to set the premiums....

do you think he meant that as long as something is profitable...as in why dell does not sell pcs at a loss????

best regardr, ed a.