#11
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Re: Whats the point of investing when Buffett will do it for you?
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Seriously. Why bother doing the work yourself if you can buy berkshire Hathaway non voting shares for aroung $3000 a pop (assuming you want growth and not income). [/ QUOTE ] Because Warren Buffett is 75 years old and won't be running the company for much longer than the near-term, maybe the next 5-7 years. When he gets seriously sick, dies or retires, whichever comes first, the stock will get hit with a minimum of a 20-30% drop in the next trading day. |
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