Forum Archive Index - February 2003

["Bill Hughes" <prhughes@value.net.nz>]

 

Hi Snoopy

 

Snoopy wrote: If Warren sees a stock that will yield him this amount and it is in a downtrend

he will buy it.

 

Or if the stock price goes too far above fair value then Warren will sell

 

Now that is interesting, in that it suggests that Warren is not a "buy and hold", person. Perhaps it should be borne in mind that Warren buys a significant stake in a company which gives him a advantage over the small investor.

 

I wonder who would be buying when well above fair value, the suckers?

 

Could there be a way that the "sucker" could give himself some protection. The chart posted might do just that.

 

I enjoyed your article.

 

Bill.