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Re: mr_o post# 7775

Tuesday, 12/10/2013 3:45:42 PM

Tuesday, December 10, 2013 3:45:42 PM

Post# of 30495
Naturally, I concur with Barron’s take on Deere (DE); from the same article:

The long-term outlook for Deere is good because a rising global population will need more food.

Deere has a strong balance sheet, and it increased its stock-buyback program last week to $8 billion, about 25% of its market value.

Deere is the kind of company that Warren Buffett probably would love to buy if it became available. Stranger things have happened.

My rhetorical question in #msg-94279774 still stands, and no one has attempted to answer it :- )

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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