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  #1  
Old 01-02-2008, 05:21 PM
Dee8go's Avatar
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First day trading for 2008

Today the stock market set a new record: The biggest first-day drop in history. I hope this isn't a sign of things to come!

Crude oil hit $100 a barrel!

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1998 Lincoln Continental - Sold
Max 1984 300TD 285,000 miles - Sold
The Dee8gonator 1987 560SEC 196,000 miles - Sold
Orgasmatron - 2006 CLS500 90,000 miles
2002 C320 Wagon 122,000 miles
2016 AMG GTS 12,000 miles
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  #2  
Old 01-02-2008, 06:39 PM
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Quote:
First day trading for 2008
Today the stock market set a new record: The biggest first-day drop in history. I hope this isn't a sign of things to come!

Actually the market is throwing A SALE! Only fools buy when high and sell when low.
I'll take ALL the down days Wall Street wants to throw at me to buy stocks on-sale.

Berkshire-Hathaway, Inc. (BRK.A) is one heck of a STRONG BUY.
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  #3  
Old 01-02-2008, 06:50 PM
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BRK is on sale?? Well, hell, let me get my checkbook out right away!
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  #4  
Old 01-02-2008, 07:14 PM
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It's only down 12K from its historic high (of 11 Dec 07). That's about 9%.

Perhaps it was too high last 11 Dec and not too low now. It lost 2300 today.
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  #5  
Old 01-02-2008, 10:19 PM
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Quote:
Originally Posted by Skid Row Joe View Post
Quote:
First day trading for 2008
Today the stock market set a new record: The biggest first-day drop in history. I hope this isn't a sign of things to come!

Actually the market is throwing A SALE! Only fools buy when high and sell when low.
I'll take ALL the down days Wall Street wants to throw at me to buy stocks on-sale.

Berkshire-Hathaway, Inc. (BRK.A) is one heck of a STRONG BUY.
How many thousand shares of Berkshire are you buying today Skid Row? It's going for around $150K per share lately. ou must have alot more free cash than I do!
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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century

OBK #55

1998 Lincoln Continental - Sold
Max 1984 300TD 285,000 miles - Sold
The Dee8gonator 1987 560SEC 196,000 miles - Sold
Orgasmatron - 2006 CLS500 90,000 miles
2002 C320 Wagon 122,000 miles
2016 AMG GTS 12,000 miles
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  #6  
Old 01-02-2008, 11:55 PM
Skid Row Joe's Avatar
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Originally Posted by Dee8go View Post
How many thousand shares of Berkshire are you buying today Skid Row? It's going for around $150K per share lately. ou must have alot more free cash than I do!
I've never been short of cash since buying Berkshire-Hathaway, Inc., 24 years ago....... It's NOT selling anywhere near $150K, BTW.
I have always added to my position at every 52 week low of Berkshire, and, load-up on it at the leading edge in leaving a recession. BTW, it doesn't take thousands of shares to add up to a meaningful position in Berkshire.

The only time I ever sold shares of Berkshire-Hathaway, was when I bought my last home. Two shares bought me a doosey of a home.

On Microsoft, my sources have Microsoft stock at a HOLD......not a sell.........

Last edited by Skid Row Joe; 01-03-2008 at 12:53 PM.
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  #7  
Old 01-03-2008, 06:57 AM
Dee8go's Avatar
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No, I didn't sell it yesterday. I sld it a while ago when I needed the money for something else. It has not performed well since I bought it. I did get the $3.00 a share one-time dividend, though.

My hat is off to you if you're a BH shareholder. Since there's so much BS on internet forums, I tend to think comments like yours don't have any substance behind them. My appologies to you sir. I applaude your foresight in making a helluva great investment 24 years ago!
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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century

OBK #55

1998 Lincoln Continental - Sold
Max 1984 300TD 285,000 miles - Sold
The Dee8gonator 1987 560SEC 196,000 miles - Sold
Orgasmatron - 2006 CLS500 90,000 miles
2002 C320 Wagon 122,000 miles
2016 AMG GTS 12,000 miles
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  #8  
Old 01-03-2008, 12:49 PM
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Diego, thanks! I guess it didn't hurt being born and raised in Omaha, NE. Buffett had been a known local investing commodity for a couple decades by the time I started buying Berkshire. There are currently 30 families/individuals in Omaha each owning 100 million dollars or more of Berkshire. Sometimes it does matter where you're from.

The 2004 $3.00 cash dividend per share from Microsoft was one of the best presents I have ever earned in the stock market.

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