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Re: Mingy post# 262407

Monday, 11/23/2009 4:55:35 PM

Monday, November 23, 2009 4:55:35 PM

Post# of 346918
Interesting. I am not in a position to determine if Warren Buffett is "an intelligent person" or not. I am neither a psychiatrist nor psychologist. If you are and can ascertain from TV interviews how bright he is I am happy for you.

What I do know if that Buffett is the 2d richest man in the World. And IQ or intelligence is not always the determining factor of whether someone is an astute investor. He developed patience and an investment style over a long time frame, and kept adding to his position in some great stocks, such as Amex, Coke, Wells Fargo, and many others. Berkshire Hathaway does not sell for over $100,000 a shares because Wallstreet things he is not an astute investor.

Lastly, I will repeat, I will wait patiently for spng to file whatever it is going to file. Because I accept the things I cannot change; I have the courage to change the things I can, and I have the wisdom to know the difference. I cannot change spng's time schedule!!
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