With Berkshire stock near 52-week low, questions raised about investor's touch
By Staff Writer Alex Frew McMillan
NEW YORK (CNNfn) - Little that Warren Buffett has been touching has turned to gold of late.
Shares of his company, Berkshire Hathaway Inc., are near their 52-week low. Berkshire is struggling to digest its biggest-ever acquisition, a deal some investors think was a mistake. And Buffett, who likes to make big plays in a handful of companies, saw many of his stock picks -- Coca-Cola, Gillette, Freddie Mac -- crumble in last year's roaring market.
This was written in 1999. This time, however, they naysayers are even more sure he is finished. We shall see. I guess its possible for a great long term investor to become a less-than-super investor.
Perhap Gym Kramer is right.
Butch
Wednesday, March 4, 2009
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You are a moran. Feddim Mack is backript...
ReplyDeleteWarren Buffet is sporting a gut as of late. Perhaps too many gristle burgers and cherry cola. Is the fat subcutaneous or visceral?
ReplyDeleteWar and buff it is now 10 years more senile than he was before and is having quick ones with Becky. His edge is that he can buy things in bulk, like Viagra.
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