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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Wally Mastroly who wrote (4883)5/3/1999 8:53:00 AM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
While awaiting a Lars report, early words from Warren Buffett:

cbs.marketwatch.com

"The average investment manager adds nothing,"
Buffett said. "He subtracts something from your
investment performance. It's almost unique among
professions that I can think of."

And more:

[May 3 (Bloomberg) -- U.S. stocks may be mixed after billionaire investor Warren Buffett warned he sees ''very, very few'' good companies with low share prices...

''It's not a great time to have cash to invest,'' the Berkshire Hathaway Inc. chairman, who is holding $15 billion, said before his company's annual meeting in Omaha, Nebraska, today...]