Buffett invests in Kinder Morgan, page-3

Yes Timbo,

It's ironic that I mentioned the great man only yesterday about buying oversold situations when everyone else is dumping. It is very easy for investors to jump on the band wagon when something is rising . Not so easy to go AGAINST the herd . The risk of ending up with egg on ones face is a compelling reason not to.

Because he is such an astute investor with a huge reputation of getting it right more often then not, it would be prudent to take heed of his investment choices.

It's a classic Warren Buffet play that we have witnessed many times before. That's why he is one of the richest men in the world . He is a visionary who looks further then tomorrow when choosing to invest.

Many institutions should follow his lead, but they unfortunately just make up the herd that I have already spoken of.

Cheers.