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Re: wilco24 post# 23332

Wednesday, 05/07/2003 10:33:41 AM

Wednesday, May 07, 2003 10:33:41 AM

Post# of 432659
Any investor who want to improve their returns would do well to follow in the footsteps of the worlds most successful investor and take these words to heart:

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."


Thanks for bringing that here Wilco, I had read it yesterday but had forgot to apply it to IDCC.

Once





The best way to convince a fool that he is wrong is to let him have his own way.

~ ~ ~ Josh Billings

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