« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Buffett on gold

By: clo in ALEA | Recommend this post (0)
Mon, 13 Feb 12 2:23 AM | 72 view(s)
Boardmark this board | The Trust Matrix
Msg. 06649 of 54959
(This msg. is a reply to 06648 by Cactus Flower)

Jump:
Jump to board:
Jump to msg. #

If I might...

Buffett's style of doing business ADDS to the economy.
In other words, the economic global world keeps spinning, and is in balance.

Hoarders of gold don't add a thing...
They throw the balance off.




Avatar

DO SOMETHING!


- - - - -
View Replies (1) »



» You can also:
- - - - -
The above is a reply to the following message:
Re: Buffett on gold
By: Cactus Flower
in ALEA
Mon, 13 Feb 12 1:20 AM
Msg. 06648 of 54959

If you are offering, I should prefer that you call me "O Wise One". Or OWO for short.

For myself, I think that Buffett's success derives largely from being a stellar analyst and an even better chairman. He buys undervalued businesses with strong cashflows and good managers, then supplies the capital they need to grow at the lower costs Berkshire commands. He then reinvests the dividends the group companies generate in new opportunities to buy good new companies on the cheap as they come along.


« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next