cho, page-57

"Nevertheless, from my perch, Buffett's salad days seem to be over; the only question that remains is the timing and to what degree investors will abandon the Oracle of Omaha."


Taken from: http://www.thestreet.com/story/10460070/1/kass-is-this-the-end-of-warren-buffett.html?cm_ven=GOOGLEFI


The striking thing is, looking at the portfolio of stocks as analysts do, does no good - particularly on a short term basis. Of course BRK.A/B core & concentrated holdings have declined, as they did during the late 90s and as they will continue in the future. The fundamental difference is, he purchases businesses rather than stocks.
The testiment of the man comes from blocking the noise of 'sell, sell, sell' and personal attacks such as 'losing his touch'.

I guess his days were over when in 1999 he dropped to 6th place on the worlds rich list and funnily enough a company named YAHOO! was capitalised at $115 billion....and Berkshire only a midly $80bn or so.... go figure!

His principles and application, not to mention the focus this man has applies more importantly in todays fear driven manic world than ever before.





**disclosure: I do own brk.b shares.