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[sharechat] wringing telecom and buffet, nz stocks


From: "J JB" <bustedsausage@hotmail.com>
Date: Fri, 06 Oct 2000 21:48:12 NZDT


I wonder if Sky City would make it onto your list.
Dominant player,good cash flows, yearly increasing returns, good return on 
equity, and has the only 3 casino licences for the country, and the govt. 
putting any further licences on hold.

I'am currently reading "Buffettology", and the most interesting thing to 
come out of so far is that he started in 1957 with the sum of $105,000 US.
I would imagine this would have been a considerable sum of money at the 
time.  I'd have a go at turning the equivalent sum today into 20 billion 
over 40 years....

see you
J
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