Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
Unthreaded | Threaded | Whole Thread (66) |
Author: rochish ⎊  😊 😞
Number: of 15062 
Subject: Re: Dealraker made a point worth contemplating: "
Date: 09/23/2023 3:40 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 13
"But you have a guy living in Monoco advising you on a business or even a complete life environment he's never seen or stepped into. A business that's dependent on fixed income generally very low income people making what's often impulsive/indulgent/non-essential purchases."


Mr. Buffett is famous for not having visited or even having seen the operations of most businesses he has purchased. In the talk at the University of Florida in 1998, he was speaking about his (then recent) purchase of Gen Re and joked "I hope the business is there" to the crowd's laughter :-)

By that logic, should we stop listening to Mr. Buffett as well?

Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (66) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds