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Re: Been_Burned_Before post# 829

Monday, 12/05/2005 4:56:40 PM

Monday, December 05, 2005 4:56:40 PM

Post# of 14031
BBB:

I like your posts and your enthusiasm.

However, you simply CANNOT use Buffet as an analogy - and I don't mean because he is a thousand years old and, in all liklihood, a few million times richer.

No, I mean because you have NO IDEA about the validity of this comment: "I want to get in on the very cheap for a great value, and right now, shares of Grifco are very, very cheap." When Buffet gets in on the cheap because of value, it is predicated upon tons and tons of dd into the company's financials. There are no financials for GTCI. Therefore, you simply could not pick a worse analogy if your life depended upon it.

Len



Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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