I agree with you. I'm sure lots do. I just wasn't sure Buffet was likely to use it. He is in a school on value investing that even considers technical analysis of trends to be too woo woo as an investment strategy. His whole approach is so deep in the details of valuing each business specifically that astrology would be an unlikely tool. It would fit the technical analysis guy's style. Investors like Buffet view those guys as practically practicing astrology anyway.
'Critics of technical analysis include well known fundamental analysts. Warren Buffett has exclaimed, "I realized technical analysis didn't work when I turned the charts upside down and didn't get a different answer"' Wikipedia I could be wrong but it just doesn't fit what I understand as his investment approach as well as other guys. I'm sure you are right about many companies using methods of divination. --- In [email protected], Bhairitu <[EMAIL PROTECTED]> wrote: > > curtisdeltablues wrote: > > > Some of the people who work for Buffet claim he uses occult methods for > > > > > >>deciding his investments (astrology, maybe). > >> > >> > > > > > >That would really surprise me because he is so well known for rational > >analysis of company details. His system is even anti technical > >analysis, I thought. > > > > > You'd be surprised how many major companies even use astrologers. I > know a corporate astrologer who does quite a business. It's usually all > hush-hush of course. One major company I hold stock in looks like the > date it went public was selected by a jyotishi and has performed like > its chart. > > >--- In [email protected], Bhairitu <noozguru@> wrote: > > > > > >>shempmcgurk wrote: > >> > >> > >> > >>>What I find fascinating about the report of Warren Buffet giving away > >>>$37 billion is that he put it into the Bill and Melinda Gates > >>>Foundation, NOT into his own foundation. > >>> > >>>What total lack of ego! It seems Buffet was completely altruistic in > >>>that he looked around, saw that his friend Gates would make great use > >>>of the money and instead of creating some sort of legacy for himself > >>>by creating a "Warren Buffet Foundation" he put the money where he > >>>would do maximal good. > >>> > >>>Who wants to give me odds that the next Nobel Peace Prize will go to > >>>Bill Gates and Warren Buffet? > >>> > >>> > >>> > >>Warren and Bill are buddies and Bridge partners, too. > >> > >>Some of the people who work for Buffet claim he uses occult methods for > >>deciding his investments (astrology, maybe). > >> > >> > >> > > > > > > > > > > > > > > > > > ------------------------ Yahoo! Groups Sponsor --------------------~--> Great things are happening at Yahoo! Groups. See the new email design. http://us.click.yahoo.com/TISQkA/hOaOAA/yQLSAA/UlWolB/TM --------------------------------------------------------------------~-> To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
