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


To: Fredman who wrote (806)5/21/1999 12:50:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 1652
 
Fred, you are being a bit harsh. Why Dairy Queen instead of Burger King? Why Washington Post instead of New York Times, Reuters or Time Warner? And so on and so on.

You focused on hardware and software companies which are topping out and facing "commodity" style competition now. You left out many of the communications and Internet companies which are racking up revenue growth and staking out leading positions in niches which didn't exist a few years ago.

WEB's earnings suffered this quarter while even DELL still had 40% year over year improvements. He is not perfect. Just an interesting philosophy to follow with part of your money.