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Rawnoc

06/10/09 9:52 PM

#199922 RE: MSGI #199921

Nah, Buffett has always stated his wealth is a handicap in terms of percentage gains because it severely limits his choices and options and that he can (and did) do far better on a percentage basis with less money. GS gave him an opportunity to invest billions in one shot, something he can't do in small caps. 42% on billions is not bad.

And that 42% will magnify more as GS rises since he basically has twice as many shares with the warrants.
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Rawnoc

06/10/09 9:56 PM

#199923 RE: MSGI #199921

Not to mention the S&P is only up less than 4% for the year, so Buffett being up 42% on GS is nothing to sneeze at. Most investors/traders are probably break-even at best this year.....except for this board. ;)

Not only is the tracking +63% that doesn't include the fact that there were all sorts of prices below the start of the year where many of us were buying more on the dips. (example, REPR .07/.08)