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Re: None

Wednesday, 05/07/2003 6:50:05 AM

Wednesday, May 07, 2003 6:50:05 AM

Post# of 432663
Found this thought of the day on another board:

Buffett thought:

Be wary of management and analyst projections
While Buffett values outstanding managers very highly, he evaluates them himself and has no use for their projections: "Almost everything we learn is from public documents.... We do not find it particularly helpful to talk to managements.... The numbers tell us a lot more than the managements. We don't give a hoot about anyone's projections. We don't want even want to hear about it."


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