Re: Seeking advice on etf portfolio allocation
- From: "FrediFizzx" <fredifizzx@xxxxxxxxxxx>
- Date: Tue, 30 Oct 2007 15:45:23 -0700
Probably good advice for people that just want to park their money somewhere for a long time and not actively manage it. However, will Buffett's successor(s) do as well as him? One might do just as well to toss it all at CGMFX.
Fred
"lubow" <lubow@xxxxxxxxxxxxxxxxxxxx> wrote in message news:3jNVi.12543$gl1.8212@xxxxxxxxxxx
Victor, you waited too long. Invest your dough with Warren Buffett. Buy one share BRK-A (~130K) and put the rest with Ken Heebner CGMFX.
Actually, Berkshire is not that expensive considering its multi-billion dollar cash position at sixteen times earnings.
--
Lubow
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