The Complete User's Guide to Warren Buffett's Portfolio
By Nick on Tue, 2007-03-27 01:29
(via biz.yahoo.com)
Excerpt: "There's no need to reinvent the wheel. Buffett, the smartest investor ever, has done a lot of work for us when he buys a position and then discloses his holdings. Studying in the footsteps of the master and his disciples, but using that as a starting point for your own research, will end up being a very lucrative practice."
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Who is this Buffett guy ?:-? Well if he's so known, I've got a question for him: what does he think about unsecured loans?
Buffet is a smart man. A really smart man. I'm sure in the future his name will be in the same book with Nostradamus, Davinci, Napoleon...etc...I'm just curious if Warren owns some proprieties of the National Marine Engineers Beneficial Association. Oh well, we'll probably hear that he owns half of the moon or something.
I don't think Altucher nows that Louis Simpson also works at brk. Many of Buffetts investments should be really credit or debited to Simpson. That is why I take alot of this talk of what is or isn't Buffett buying with a grain of salt.
Funny. As I was reading Altucher's article last night, I went back to your site to make sure that you hadn't already covered Altucher's points in your follow up. Very timely.
At the end of my last post " On Billionaires, Their Buys, and Buffett" I wrote "I will follow up with another post on this topic tomorrow. Hopefully, I can give you some idea of what you should and shouldn't do based on news of Berkshire's activities in specific stocks." Not much need to now.