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RE: FW: % return and trading futures vs. stocks-Bill Gates ?



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PULL-EASE....don't EVER put "Bill Gates" and "Success" in the same post, or
the same story....EVER AGAIN.
Microsoft's stock price just "says it all"....totally languishing for the
past 4 years.
AND..Microsoft has done NOTHING innovative over that same time period.....
AND..Windows 98 once declared as "the source code of Windows 98 is our
greatest asset"...
as it goes down as the biggest virul-malware-infected
piece-of-software-crap-in-history...
and all of that philanthropy B.S. by Bill and Melinda Gates has been nothing
but P.R. B.S....
which helps to minimize their exposure to criticism.
ENOUGH !
Smart people can see thru the mirk.

Sell MSFT at open....forever.


> -----Original Message-----
> From: DH [mailto:catapult@xxxxxxxxxxxxxxxxxx]
> Sent: Sunday, October 03, 2004 7:45 PM
> To: Omega List
> Subject: Re: FW: % return and trading futures vs. stocks
>
>
> Re Warren Buffet:
>
> > He really is an American success story.
>
> Yep but he has more in common with Bill Gates than with (name your
> favorite trader.) He buys busineses he understands, runs them well, and
> makes the profits he is due as a successful CEO. He is the
> fundamentalist's fundamentalist. He has never bought a tech company
> because, as he says, he doesn't understand what they do.
>
> About being so rich on "only" 24% return, that started out with a
> healthy IPO of his privately owned insurance company. It's a lot easier
> to become a multi-billionaire when you start with tens or hundreds of
> millions. :-)
>
> Those who want a good investment and don't want to fiddle with this
> trading stuff could do a lot worse than buying and holding a few shares
> of BRKA or BRKB -- at least as long as Warren is alive and running
> things.
>
> PS - a Warren anecdote, he still lives in the same relatively modest
> house he had before he got so rich. He has improved it some but he has
> never felt any desire to move into a trophy mansion. The guy is just too
> cool. :-)
>
> --
>   Dennis
>
>