View Single Post
  #3  
Old 09-05-2007, 12:14 PM
SlowHabit SlowHabit is offline
Senior Member
 
Join Date: Apr 2006
Posts: 1,509
Default Re: In the spirit of stock recommendations

[ QUOTE ]
what buffett does is totally different than what these companies do. He meant companies such as cisco that just bought bought bought in the late 90's for their technology or potential. Buffett buys parts or entire companies but doesnt change anything about them. Passive ownership. Very different.

[/ QUOTE ]
To add to this. Buffy buys companies because he thinks they will help Berkshire's bottom line, not because his shareholders are telling him to do something with Berkshire's surplus of Bens. Yahoo comes to mind.
Reply With Quote