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Re: Conrad post# 31477

Tuesday, 03/02/2010 2:45:47 AM

Tuesday, March 02, 2010 2:45:47 AM

Post# of 47107
How much one would want to buy at that action-point is a different matter!

Yesterday i saw Mr Buffett on TV. He said he bought too much in Oct, Nov 2008 and not enough in March 2009.

He had cash available but kept cash for even greater down drafts. So the 'how much' is also a problem for Mr Buffett.

I believe AIMers had the same experience as Mr Buffett, with the difference that they always know 'how much'!

An interesting idea was that he said his company always has enough cash for an emergency, for example when the stock exchange shuts down, that happened in 1914. So he covers all risks.

Kind Regards, K

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