Subject: Re: Apple
" Reading your posts from the Motley Fool boards . You make good points on a lot of issues. However, They're a fair ammount of issues(who's the buyer of stocks) that you just need to let go ."
Fair enough, so you know I pounded the table for an authorized buyback for years before Buffett agreed, correct?
It took another few years before he did away with the silly buyback limit, 1.1 xs BV, 1.2xs BV, correct?
Is there a chance I have a background and experience most her don't have?
How many here have owned restricted stock in a publicly traded company, that didn't trade 100,000 shs a day?
To this day many old timers here still don't understand the importance of WHO the seller is and why it's relevant.
I've discussed this with a few of the old timers privately who no longer post for obvious reasons.
While I'm at the park think about this.
The Foundations will be selling 8-10 billion of Buffett's shares annually the next 10-12 years.
Many other LONG TERM old timers will be dying, selling, leaving brkb to kids who may sell etc, does this seem material to you?
Off to the park, later. Looking forward to the thoughts of others, especially longtime partner and brother Jim, who can be very stubborn!