No. of Recommendations: 8
WHat difference does it make if Jim has agreed or disagreed with one Buffett move, or questioned his reasoning?
Warren Buffett is not listening to Jim. Or hclasvegas. Or anybody on any online internet message board.
Or the past 30-40 years I have been reading online message boards, even Bulletin Board Systems via 1200 baud modems. There have been raging discussions and debates about financial things, from property taxes, estate taxes, saving Social Security, etc.
Sometimes, the debates have settled on one conclusion as to what should be done.
And the ONE THING all these discussions have in common is that the people who run the systems, the Warren Buffets, the heads of SSA, pay no attention to what the group said.
Might as well have Mrs. Smith's 5'th grade class decide on how to settle the Ukraine war.
It's just online mental onanism. Full of sound and fury, signifying nothing.
One of my co-workers had a quip when we had engineering technical meetings about some product we were developing. He'd say "Now that we have agreed, I'll give Mr. Galvin (the president & CEO of Motorola) a call and inform him. I have him on speed dial but it always goes to voicemail."
How about you? Do your calls to Buffett always to to voicemail.
