tag:blogger.com,1999:blog-1258103573769454363.post6672173354852149216..comments2023-07-31T09:52:40.934-05:00Comments on Dyslexic Research: The truth about Warren B...MechanicMatthttp://www.blogger.com/profile/15152303348930160051noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1258103573769454363.post-42457459809335934452008-11-04T17:52:00.000-06:002008-11-04T17:52:00.000-06:00I agree fully with your statements about the Warre...I agree fully with your statements about the Warren Buffet philosophy. He's able to get these sweetheart deals by leveraging something he has that most of us don't: tons of cash.<BR/><BR/>Then again, he wouldn't be investing anything in Goldman or GE, etc if he didn't believe in the long term outlook of either company. Just remember, if things go belly up, he's taken care of due to the preferred status of his shares.<BR/><BR/>I also agree with your sentiment on waiting out the economy. Consumer spending over the holiday season is a strong economic indicator, but if you want to play it safe right now, you could look at the likes of Wal-mart, which capitalize on a marketing system selling "cheap" goods... A good hedge against a falling economy, and I suspect they'll do well over the Christmas season as well.Granthttps://www.blogger.com/profile/06026302700352855571noreply@blogger.com