U.S. economy

[Lee Taylor]

You only loose money if you sell.
BUY BUY BUY !!!!!!

There is an exception to your rule: You also lose money when your company goes bankrupt. Ever thought about what it means if the Dow Jones Industrial Index hits zero?

 

[Web Monkey]

Warren Buffet looks at the COMPANY, not the stock. He decides whether the company is in a good business and well run.

The other difference is that if Mr. Buffet doesn't like the way a company is being run, changes are made and heads roll.

If I don't like the way a company is run, all I can do is sell at a loss.

Terry

 

[BKP]

There is an exception to your rule: You also lose money when your company goes bankrupt. Ever thought about what it means if the Dow Jones Industrial Index hits zero?

Then I'll put it an order for a gazillion shares of HP, Amex, AT&T, Coca Cola, Home Depot, Microsoft, Walt Disney, Walmart, and McDonalds.

It'll cost me nothing, and I'll own all the burgers, fries, coke, communications, entertainment, home appliances, and miscellaneous crap I could ever use...

 

[Dtaine]

The other difference is that if Mr. Buffet doesn't like the way a company is being run, changes are made and heads roll.

If I don't like the way a company is run, all I can do is sell at a loss.

Terry

Assuming you make a bad investment that is; Buffet didn't get to where he is now without being the little guy first.

 

[TMHeimer]

No "snowbird" 3 months in Florida this winter. Just 7 mil wetsuit diving in frigid Nova Scotia!

 

[mjarrardjr]

It makes the boat charters a bit more expensive, but the hardest part is that there isn't as many new people joining the SCUBA club...

 

[Miller64]

Question for some in the finance business,I saw where someone said invest in Ford,GMC when it hits bottm,,,,would that really be a good idea,,,,or invest in propertys,forecloseures and such,or commoditys,corn,sugar,pork,ect,,speculations I guess,,,,just curious,,,Got few dollars to invest,already got one good deal on a foreclosure.any and all opinions welcome,,,close to retirement and didnt really plan,,partied too much.I;m not interested in leaving alot to kids or anything ,,just live comforable in old age,,,I;m 52 and have a good pension coming up soon and in good health.but have some expensive hobbies