> gMoney wrote: > So he was gong to sell the stock anyway No. You're not getting it.
Short term = sell today. Long term = sell 20 years or more from today. Buffett = never sell. If you didn't sell BUD after the sale you haven't made anything. The 40% number is meaningless. It means nothing. It has no value. no sale = no money. So won't Buffett sell eventually as a long term investor, you ask? No. Here' why: Buffett uses equity value to buy companies. He rarely sells and has plenty of capital. That is, Buffett doesn't need the capital. He's a whole different kind of long term investor - the infinite kind. You and I, however, do need the money thus we will sell - at some point. That is - today - or 100 years from today. What Buffett's move says is that he has no confidence in the *LONG TERM VALUE* of the company under InBev management. And I don't have to spin it any way because either way I'm not selling my Berkshire. I'm confident in it's long term value. I'm just explaining to you the concepts and reasoning. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:269957 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
