Quote:
Originally Posted by pw2006
I like Buffet, I have owned his Brk.B shares for over 5 years. However, it doesn't have a dividend and it is about flat split adjusted since I have owned it. I sell out of the money puts and covered calls giving me a descent yeild. However, even with my options, I would have been much better off in MCD. How do we inverse hindsight?
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Oh god -- if I had a dollar for every one I've MISSED... There's so many high fliers... a guy could have made an easy million on a ten thousand dollar investment!
Yeah -- I'm not a fan of Buffet - and if you think you have flat returns now - wait 'til you get up one morning and read he's passed away! POOF!
NO THANKS! I wish him all the best - but I ain't counting on it. Talk about gambling?!?!?
It's amazing -- when I look at stocks -- which I do CONSTANTLY -- how many big moves I've missed in names you'd never guess in a million years had the kinds of moves they've had. McDonalds is just one prime example that everyone understands and "never knew".... I hate the product - don't eat there unless on a single guy road trip - but it's a great investment. Ditto the Terbacky stocks (MO - PM - LO)... I don't smoke - hate the smell - think it's DEAD wrong... but I'll invest in them!