3/14 Do some of you still invest in "old economy" stocks?
\_ I do. WAG. Dropped 25% over the past year. :-(
\_ I do. ANN (Ann Taylor). Not too shabby if bought it
2, 3 weeks ago. Had a loser too: TYC.
\_ do people still believe in Warren Buffett? (brkb, brka)
\_ You mean the stock that's ~$70k per share last year?
\_ yes, Berkshire Hathaway Class A shares.
\_ You mean the one that dropped 40% in the last year?
\_ I do. ALK. Finally popped today and is up 15%. SRE (utility)
which has done nothing, but that is what I expected of it.
Some bank stock which is down 10% even with todays jump.
Diversity is good, which the last few days have shown.
I probably don't see the huge gains you pure tech investors
see though.
\_ I think a balanced tech and non-tech portfolio is best
these days.
\_ Geeze, just go get an index fund or buy bonds.
What's the point otherwise if you're barely making
more than a BofA savings account?
\_ didn't mean balanced = 60% stocks, 40%
bonds. I meant around 50% high
tech stocks, 50% non-high tech stocks |