WEB:The Oracle of Omaha- Warren Buffett: Re: Billionaire's reputation buffeted by investigations
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» Jas_Jain - Re: Billionaire's reputation buffeted by investigations
In response to Billionaire's reputation buffeted by investigations posted by Kirk:--
Once Buffett had become extremely popular by early 1998, it was a great time to sell BRK.A at $80,000. The second best chance came when he bought Gen. Re. in 2000.
Buffett faithful will be punished for staying too long with a horse that has already delivered more than it could. Blind faith in a persion, or a system, or an institution like the American Scam Market never cease to disappoint and punish people.
Kirk is lucky in that he has developed great trading insticts by exploiting volatility. Think about how great Kirk's perfromance would be if he could trade on both sides by trading some on the long side and some on the short side.
Jas
-- posted by Jas_Jain
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