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This'll make you feel better...
Old 10-10-2008, 05:36 PM   #1
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This'll make you feel better...

"But while 17 billionaires on Forbes list lost more than $1 billion in the past month, Buffett managed to boost his wealth by $8 billion to $58 billion, pushing him ahead of Gates, whose fortune fell to $55.5 billion from $57 billion."

Good news: you didnt lose a billion dollars.

Bad news: you didnt make a vague number between 8 and 58 billion.

Good news: if you have berkshire stock, you may enjoy some of that 8-58 billion eventually.

Bad news: berkshire stock just suffered one of its worst plunges.

Everyone better now?

Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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Old 10-10-2008, 06:31 PM   #2
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Of course I feel better

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Old 10-11-2008, 12:39 AM   #3
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Originally Posted by cute fuzzy bunny View Post
Bad news: berkshire stock just suffered one of its worst plunges.
Well, it was down here just a few months ago. I hope all those people who've been PM'ing me about buying and/or trading Berkshire shares are taking advantage of whatever opportunity they feel is being offered right now.

Because I sure don't want to read all the complaints a year or two down the road!

The book written on, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
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