Andy1000, you've misinterpreted what I wrote. I'm a big fan of Buffett and have based my investing methodology off him. While you may laugh at people trying to replicate AnDy62, that is not my goal and is a bit of a cheap shot.
My gripe was with people who know only a superficiality of Buffett and his investing style, and see coke and see a depressed price and think they're a genius for a contrarian style investment! I've seen this time and time again on this forum. Most people don't even understand that, unlike the coca cola Buffett has invested in, CCA is just a distributor (and the market dynamics are different for a distributor as opposed to the manufacturer... who has the market power?).
Warren Buffett also says 1. What business? 2. What price? Most people here pay not attention to the price and don't even know what PE the company is trading on! How's that for Buffett style analysis? Let alone the more complex analysis Buffett undertakes.
Anyway, I'll leave it to all the guru CCL holders.
Out!
CCL Price at posting:
$9.15 Sentiment: None Disclosure: Not Held
