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Biggy 11-12-2005 07:19 PM

brilliance embedded in a human being
 
The Oracle of Omaha...
From: http://online.wsj.com/article/SB1131...we_banner_left
(note: this isn't the complete article, and you will need a l/p to view it all)


"OMAHA, Neb. -- Warren Buffett, the billionaire investor and insurance executive, was in his office here this summer when he received a faxed letter about a company he'd never heard of.

The letter was from an adviser to Forest River Inc., an Elkhart, Ind., recreational vehicle maker. He proposed that Mr. Buffett buy the company for $800 million.

Mr. Buffett liked what he saw: The company had a big market share and little debt.

The next day, Mr. Buffett offered to buy Forest River and to let its founder, Peter Liegl, continue running it. He sealed the deal, at an undisclosed price, in a 20-minute meeting one week later. As the meeting wrapped up, Mr. Buffett told Mr. Liegl not to expect to hear from him more than once a year. Says Mr. Liegl: "It was easier to sell my business than to renew my driver's license."

Mr. Buffett has relied on gut instinct for decades to run Berkshire Hathaway Inc. Watch him at work inside his $136 billion investment behemoth, and what you see resembles no other modern financial titan. He spends most of his day alone in an office with no computer. He makes swift investment decisions, steers clear of meetings and advisers, eschews set procedures and doesn't require frequent reports from managers. Occasionally he picks up the phone, calls his broker and trades $100 million or more of stock."

Article then talks about how Berkshire's long term debt ratings are getting lowered as Buffett gets older, since he is not that easily replaced. Makes sense, who else listens to him religiously? I know I do.

Nickatilynx 11-12-2005 08:15 PM

Re: brilliance embedded in a human being
 
You love warren Buffet , you do.

You want to go on a date with him

Newton 11-12-2005 08:23 PM

Re: brilliance embedded in a human being
 
Damn ... Gut instinct is integral though and good luck to him ;)

Biggy 11-12-2005 11:33 PM

Re: brilliance embedded in a human being
 
Quote:

Originally Posted by Nickatilynx
You love warren Buffet , you do.

You want to go on a date with him

I'd marry him. It would entitle me to half.

pushpills 11-12-2005 11:41 PM

Re: brilliance embedded in a human being
 
Quote:

Originally Posted by Biggy
I'd marry him. It would entitle me to half.

nope.

Dravyk 11-13-2005 12:11 AM

Re: brilliance embedded in a human being
 
Quote:

Originally Posted by Biggy
Berkshire's long term debt ratings are getting lowered as Buffett gets older, since he is not that easily replaced. Makes sense, who else listens to him religiously? I know I do.

I listened to Warren Buffet once.







Now I can't the song "Margaritaville" out of my head! :smoke01:

PornoDoggy 11-13-2005 12:16 AM

Re: brilliance embedded in a human being
 
Quote:

Originally Posted by Dravyk
I listened to Warren Buffet once.







Now I can't the song "Margaritaville" out of my head! :smoke01:

That, my friend, is blast-phlegmy (NO, MORGAN - DON'T VISUALIZE!!! :whistling ) .

Beware the VENGENCE of the parrot ...

Dravyk 11-13-2005 04:26 AM

Re: brilliance embedded in a human being
 
Quote:

Originally Posted by PornoDoggy
That, my friend, is blast-phlegmy (NO, MORGAN - DON'T VISUALIZE!!! http://oprano.com/msgboard/images/smilies/whistling.gif ) .

Beware the VENGENCE of the parrot ...

The Great Karnak says: May a macaw make poo-poo in your piña colada! http://oprano.com/msgboard/images/smilies/tongue.gif

MorganGrayson 11-13-2005 10:32 AM

Re: brilliance embedded in a human being
 
Quote:

Originally Posted by PornoDoggy
That, my friend, is blast-phlegmy (NO, MORGAN - DON'T VISUALIZE!!! :whistling ) .

Beware the VENGENCE of the parrot ...

Thank you, PD. That was kind.

Damn, that was close.

TheEnforcer 11-13-2005 01:23 PM

Re: brilliance embedded in a human being
 
Warren Buffet is an amazing individual. The man has the most incredible gift one can have and uses it better than just about anyone.

And the parrot will get Dravyk for that remark....

Dravyk 11-13-2005 04:33 PM

Re: brilliance embedded in a human being
 
Quote:

Originally Posted by TheEnforcer
And the parrot will get Dravyk for that remark....

Tough room, I'm telling ya!

http://www.oldkewgardens.com/ps99/ps99-012-NS.jpg


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