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Today's chat
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To
09/05/2001 14:15:01
General information
Forum:
Visual FoxPro
Category:
Conferences & events
Title:
Miscellaneous
Thread ID:
00503723
Message ID:
00505446
Views:
31
DD,

>
>>>Perry,
>>>
>>>>I saw a posting somewhere about a link that would let you follow Buffets investments. The thinking being that us little guys could invest just like the big boys. I think Buffets people tried to get this stopped. But if you're really interested, I'm sure you can find some kind of listing.
>>>>
>>>>Just that Buffet owns 10 million shares, while your percentage might be slightly less.
>>>
>>>*chuckle*
>>>
>>>Slightly.. <g>
>>>
>>DD,
>>
>>I heard (welcome to rumor central< bg >) that the reason the cost per share is so high is that he refuses to issue stock splits to bring it down. He doesn't want speculators owning any part of the company.
>
>Indeed. I quite agree with him. He has the notion of being responsible to his shareholders more than just making more money - imagine that. <g> He also refused to invest in high tech stocks as their PE ratios were out of whack. He was correct in his assessment it appears.
>
>I read a good book about him a couple years back. His essential philosophy is to answer one question - By investing in this company would I be willing to own the whole thing? That causes him to look at the real numbers, culture, etc and it's served him very well.

I guess we should be very flattered.< s >
George

Ubi caritas et amor, deus ibi est
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