In today's trading, Bear Sterns dropped more than 50% from yesterday's close. MYOB has a famous quote from Mr Guru himself, Warren Buffett, on investing.
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. " --- Warren Buffett
You can decide for yourself if Bear Sterns falls into the former or latter catergory.
Saturday, March 15, 2008
Words of Widsom
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