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Re: Re: Re: [sharechat] Re WHS aka Stock picking using the Warren Buffetmethod


From: "David & Jill Stevenson" <djstevo@quicksilver.net.nz>
Date: Sun, 29 Feb 2004 08:00:40 +1300


Hugh,
 
        I agree - the post was not intended to be other than "superficial" some of it maybe irrelevant . But just maybe a superficial suggestion that  just maybe being a poor listener is more significant than first supposed . I have worked with start up owners  of businesses who because they made a successful debut thought they were invincible . That they remained superior to the opinion of "others ". One individual ,a multi millionaire refused to go metric when the rest of the imperial world had a consensus contrary to his own. 
    Effectively said  " I `m not going to change from how I`ve always done things just because the rest of the world chooses to be different " We were in the Logging and Timber business . It wasn`t just quaint bloody Mindedness when we had to convert all his Imperial measurements to metric because of some idiocyncracy .
       Further ,others on this Forum had covered fundamentals extremely well already . Maybe we had got to a stage of over analysis hence time for the maybe not useless superficiality or overview rather than simply rake the coals..
       I was struck by somebody`s ,was it Cris , suggestion that if we are talking culture differences , that Melbourne stands out as a good  and maybe single example ,compared to a more gay- hearted Sydney . That TWS concentrate  there and target similar areas and leave the Melbourne`s to a more relaxed future .However ,where margins have to be small , maybe spread of representatiom is the more critical factor.
 
                               David
 

 
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