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Re: [sharechat] TLS Chart Update

From:	prhughes@value.net.nz
Date:	Sat, 1 Mar 2003 16:56:35 +1300

Travis

You wrote "Buffett made his money in 1987 by arbitrage", would it 
please be possible for you to explain further and perhaps provide an 
example of what Buffett did.

My understanding of arbitrage is say....buy a stock in NZ sell in 
Aus taking into account price differential and exchange rates.

AIR.....good reply.

Value investment is not difficult especially if you had a few million 
to throw at it. Buy around the bottom of the Bear, Sell around the 
Bull top, then go fishing in the in between time, which means you 
would be totally out of the market at present.

Cheers

Bill.


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Re: [sharechat] TLS Chart Update Travis Morien

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Re: [sharechat] TLS Chart Update Travis Morien

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