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10times7

12/22/13 1:14 PM

#1148 RE: bar1080 #1146

Ihubbers are usually around for the short term flip, long term investors are few and far between. It amazes me how many investors dont bother with dividend paying companies, perpetually chasing penny stocks

fung_derf

12/23/13 11:06 AM

#1151 RE: bar1080 #1146

I've owned BRK in the past and done well with it. Many years ago I recall, when I asked why they would buy it, they said, "name me a better mutual fund manager."....good point, at that time BRK was around $13k.
Of course the downside is, no dividends paid out ever, and Warren is getting up there in years and I fear, if he gets sick, there will be a bailout.