Replies to post #3008 on Writ Media Group Inc. (WRIT)

[playfullyhappy]

nadendla,

You are all wrong on Warren Buffet. He only buys companies with great management, solid financials, and either number 1 or number 2 in their industry. COCA-COLA, AMERICAN EXPRESS, GOLDMAN SACHS, BURLINGTON NORTHERN, etc. He has publicly stated his critera on many ocassions. Jack Welch the former chairman of GE who built that company into such a powerhouse was the same way. If one of GE'S division was neither #1. #2 or could not in short order advance to #2 they were sold. He did not go out and buy companies that were already not #1 or #2. There was an exception he noted and it was Dairy Queen.