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Buffet buys
Old 04-21-2005, 01:56 PM   #1
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Buffet buys
In case anyone likes to follow Buffet, it looks like he bought a stake in good ol' BUD.

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Re: Buffet buys
Old 04-21-2005, 01:58 PM   #2
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Re: Buffet buys
Quote:
In case anyone likes to follow Buffet, it looks like he bought a stake in good ol' BUD. *
Can't lose with beer!

Stocks up? Party time! Buy some beer!
Stocks down? Drown those sorrows! Buy some beer!
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Re: Buffet buys
Old 04-21-2005, 02:30 PM   #3
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Re: Buffet buys
Bud held their conference recently - lots of pizz zazz. And the new angle to motivate their sales troops?
Paint the competitors as traitors by portraying the sale of Miller to an overseas brewery as unpatriotic, un-American and not supportive of the troops! They did this using pointed speeches requiring mandatory cheering, showing complementary images on monster video screens, and by conveniently marching in Troops at key speech points . . to the point of risking a Broadway farce!
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Re: Buffet buys
Old 04-21-2005, 07:07 PM   #4
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Re: Buffet buys
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. . to the point of risking a Broadway farce!
If you noticed all this, then you obviously didn't have enough of the free samples yet
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Re: Buffet buys
Old 04-21-2005, 08:12 PM   #5
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Re: Buffet buys
Quote:

Can't lose with beer!

Stocks up? Party time! Buy some beer!
Stocks down? Drown those sorrows! Buy some beer!
Things have been going sideways for awhile . . . You guessed it: Buy some beer.
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Re: Buffet buys
Old 04-22-2005, 04:23 AM   #6
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Re: Buffet buys
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Buffet buys
.... and now the price went sky high. This guy doesnt even have to be good anymore. Just buy a crapload of stock abc, make sure everyone knows, and then watch it go up 15% the day you bought.
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Re: Buffet buys
Old 04-22-2005, 04:39 AM   #7
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Re: Buffet buys
Performance chasing is not just confined to mutual funds.

Let the dust settle for a while - Buffett tends to be a long term holder so the price 'may' offer a livable entry point in the future.

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