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Re: Be Confident post# 311257

Tuesday, 11/25/2014 9:14:04 AM

Tuesday, November 25, 2014 9:14:04 AM

Post# of 326338
BC...in a not so much dramatic fashion...I was simply pointing out that Buffett also loses money in the market. Someone said he only buys quality yet he lost 2.4 bil. While it is merely a fraction of his net worth it is substantial and points out that the stock market it mostly risk regardless of where you invest your money. Let's not hold those who have more money than us as any more intelligent an investor when its mostly just a crap shoot.

Coke and IBM both will not be a short term tumble. Both IMO will see a steady decline over years to come. The markets change and evolve constantly. WB's strategy is to buy and hold...forever. Therefore he is guilty of not evolving with the market.

JMO ;)


What we have here...is a failure to communicate!