Marygold Companies Inc (MGLD)

[DrD]

Trying to out-Buffett Warren is his goal

(An old article on Nicholas Gerber, well before taking over CNCG, but gives some perspective on his investment career and future plans.)


"Gerber's billion-dollar baby

Trying to out-Buffett Warren is his goal

After it reaches $30 million in assets, he plans to ask shareholders for permission to transmogrify it into a holding company. That firm would then be listed on an exchange and acquire three or four operating companies. That would allow him to make select concentrated investments."

"I'm getting a later start than [Warren Buffet] did from an age perspective," he says. "We have a lot of catching up to do."


http://www.investmentnews.com/article/20011203/SUB/112030711/gerbers-billion-dollar-baby





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