Saturday, July 13, 2013 6:04:49 AM
They buy the same as buffett and then they call it value??
Yes it might be value but if you buy it for a capital return, that its just "not clever". You might get 5-8% yearly doing that if you are lucky.
If not, then you are down 30% easily in 6 monts and then...
Sorry.
Current value of the commons compared to what the company should be worth is so low. It's like 1% of what it should be.
So no I wont sell.
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