On Thu, Sep 18, 2008 at 11:16 AM, Gruss Gott <[EMAIL PROTECTED]> wrote:

> So Buffett sold very likely because he lost confidence in management
> over the long term.  Given his track record, I'll trust him on that
> call and feel confident he'll find a better long term vehicle for my
> money.


So he was gong to sell the stock anyway, and he had two choices: Sell it at
$50 a share, or sell it at $70 a share. He decided to sell it at $50.

Sorry chief, you can spin this anyway you want, but he fucked up.

He doesn't do it often, so your trust is NOT misguided...but please, give me
a break.

Did that answer your question?


Yes, think it was wise to lose out on millions of dollars for....well...not
particular reason at all.

-- 
Just once in his life, a man has his time
And my time is now, I'm coming alive


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