Ray Zee, here's my question for you...

Warren never sells anything unless he thinks their business model has changed in a way he doesn't approve of. Since Coke really hasn't changed its formula over the years how can you expect him to sell? Warren's methods aren't for everyone, that is for sure, but you can't argue with success. I don't think he has been lucky at all, just savvy enough to understand business models and trends that will emerge over time. Put another way, Warren is more than willing to wait for that long run that few do as far as investing in individual names goes. The antithesis of your trading style Dr. Bill, thats all.


I do agree though, if he were to retire or pass away the stock will take some hits and may never live up to its potential. The one thing against it now is that it has gotten so valuable and big, the bets it needs to make to continue its success have gone up to the point where its hard to see it growing that much. This plays out just like what happened with Peter Lynch. A very similar type of investor, he finally got to the point where he just moved the market on his own too much and in that scenario your sells get magnified and your buys don't matter unless you take significant stakes in companies.