He's looking at that, knows Buffet isn't exactly an idiot, and was thinking of just buying it and leaving it for a few years. Return of about 125% in five years which is pretty good.
Being that they own tonnes of companies that can all work together, you are sort of "second hand diversified" if you will, but are still in one stock and one number.
Does this sound logical? The only thing is that it feels "too easy" but the track record looks good, and it seems like all that you would need to do is check the stock once a week even to get general trending, sell if you think that it's going to slump a couple percent, grab it on the turn. It doesn't move exceedingly fast in that regard.
Any thoughts would be welcome!
Eddit for clarity, this would be about 80+ percent of the portfolio.
Submitted March 21, 2014 at 10:58AM by Taurich http://ift.tt/1iKNhea
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