Comments on: It takes money to make money http://www.fusioninvesting.com/2008/09/buffett-invests-gs/ Fusing Fundamental and Technical Analysis with lashings of Behavioural Finance. Investing in Australia and North America. Thu, 02 Feb 2012 06:57:27 +0000 hourly 1 http://wordpress.org/?v=3.2 By: Dean Morel http://www.fusioninvesting.com/2008/09/buffett-invests-gs/comment-page-1/#comment-88 Dean Morel Wed, 24 Sep 2008 06:24:51 +0000 http://www.fusioninvesting.com/blog/?p=148#comment-88 <i>Most of us don't have his [Buffett's] capital to work with.</i> <b>AND</b> Most of us are not handicapped by his capital. Everything has pros and cons, including the size of your wallet. Using Buffett as a filter in stock research seems sensible enough. Does Buffett have legendary timing on stock sales that would require a phone call? Perhaps more importantly most of us don't have Buffett's experience, brain, emotions and temperament. Still it would be nice to know the GS management, understand their balance sheet and get an offer of a 10% dividend and the option to buy the stock any time in the next five years for the lowest price in the last three years. GS - from a quick eyeball - selling at half its "normal" P/B - selling at a ten year low P/E - most multiples at their best value in a decade http://ogres-crypt.com/php/chart-mscf.php?s=GS Personally I hope Buffett is buying early. Most of us don’t have his [Buffett's] capital to work with.
AND
Most of us are not handicapped by his capital.

Everything has pros and cons, including the size of your wallet.
Using Buffett as a filter in stock research seems sensible enough.
Does Buffett have legendary timing on stock sales that would require a phone call?

Perhaps more importantly most of us don’t have Buffett’s experience, brain, emotions and temperament.

Still it would be nice to know the GS management, understand their balance sheet and get an offer of a 10% dividend and the option to buy the stock any time in the next five years for the lowest price in the last three years.

GS – from a quick eyeball
- selling at half its “normal” P/B
- selling at a ten year low P/E
- most multiples at their best value in a decade
http://ogres-crypt.com/php/chart-mscf.php?s=GS

Personally I hope Buffett is buying early.

]]>