warren buffet...the optimist, page-12

  1. 3,062 Posts.
    you can buy Mr Buffetts stock for less than its asset value,it does not pay dividends and has never paid dividends,wether Mr Buffett is senile as one poster suggested
    will not matter one iota as Mr Buffett is a shareholder and no doubt a board member but is no longer the sole manager,no doubt being a considerate person given his advancing years
    and the ever growing threat to his mortality i would strongly suggest he has already considered this possibility
    and mitigated the threat long ago-- read Snowball its fascinating clearly showing his success is as much a product of the times as his singular focus on Capital Allocation in good businesses using some of the principles of MR Graham
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.