WEB:The Oracle of Omaha- Warren Buffett
- MichaelC_AU
- MichaelC_AU
- Hugs
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» MichaelC_AU - Berkshire shareholders meeting
The fool has a wrap up on the big meeting at:http://www.fool.com/specials/1999/sp9905...
The meeting was May 3.
While Berkshire might not be a bargain, its annual reports are a steal, containing the thoughts of the great one. They available online at:
-- posted by MichaelC_AU
» MichaelC_AU - Sticking to what you understand.
Here's a quote I enjoyed:Buffett said he doesn't see the software world as clearly as the soft-drink world, and he doesn't think Microsoft (Nasdaq: MSFT) will have a superior position to Coke. As he began eating his Dairy Queen Dilly Bar right there on stage, Buffett added: "The Dilly Bar is more certain in 10 years than any software."
-taken from previously posted link, by Yi-Hsin Chang (TMF Puck)
-- posted by MichaelC_AU
» Hugs - Sectors of certainty
Things that you understand is a heck of a delimiter on a whole bunch of stuff. But considering which has a better certainty of being around in 10 years, I'd pick the internet, e-commerce, advertising, and at least some kind of software over the dilly bar any day of the week. But the dilly bar is unquestionably easier to understand.Hu
-- posted by Hugs
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