tag:blogger.com,1999:blog-1227919517269937208.post7475787519708164881..comments2023-09-17T08:37:58.006-06:00Comments on The Good News Economist: More Evidence of Retail Growth From WalmartEldon Masthttp://www.blogger.com/profile/15444008509086050220noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1227919517269937208.post-89973670533697506702009-02-18T16:22:00.000-07:002009-02-18T16:22:00.000-07:00Thanks Anonymous(1) and Anonymous(2)...Totally agr...Thanks Anonymous(1) and Anonymous(2)...<BR/>Totally agree with your analysis 2.<BR/><BR/>GNEEldon Masthttps://www.blogger.com/profile/15444008509086050220noreply@blogger.comtag:blogger.com,1999:blog-1227919517269937208.post-81420997612488834112009-02-18T16:20:00.000-07:002009-02-18T16:20:00.000-07:00I like what Buffett wrote in his 1996 letter:"Your...I like what Buffett wrote in his 1996 letter:<BR/><BR/>"Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher five, ten and twenty years from now. Over time, you will find only a few companies that meet these standards - so when you see one that qualifies, you should buy a meaningful amount of stock. You must also resist the temptation to stray from your guidelines: If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value."Eldon Masthttps://www.blogger.com/profile/15444008509086050220noreply@blogger.comtag:blogger.com,1999:blog-1227919517269937208.post-17032794134871443962009-02-18T16:13:00.000-07:002009-02-18T16:13:00.000-07:00To Anonymous: Because you and I, and our friend Mr...To Anonymous: Because you and I, and our friend Mr. Mast, are still outnumbered 1000 to 1 by very scared people unfortunately (and by some not-so-scared yet less-than-reputable doomers as well).<BR/><BR/>Time needs to work its magic I'm afraid.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1227919517269937208.post-88841643264331521182009-02-18T13:32:00.000-07:002009-02-18T13:32:00.000-07:00Any explanation for why the stock market isn't rea...Any explanation for why the stock market isn't reacting positively to the good news? Is it that the big banks (not regional) are still in trouble and won't lend?Anonymousnoreply@blogger.com