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Old 08-18-2005, 04:53 PM
buffett buffett is offline
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Join Date: Dec 2004
Location: Graham-and-Doddsville
Posts: 133
Default Re: Short Sell Google?

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I have trouble buying stocks with P/E's over 15. If it works for the greatest investor of all time, why not me?

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I'm assuming you're referring here to Warren Buffett. Do you know the P/E of KO when he bought it in the late 1980s? What about the implied P/E he would have paid if the KO puts he sold in 1993 would have been exercised? Hint: both are way more than 20.
-web
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