Subject: Re: BRK experts in denial
toddfinances!! If I recall he had done well in real estate and then found BRK/Buffett and was a frequent poster on the Yahoo boards both the original and the Prez board. Unfortunately he eventually became convinced that he could do better with his own stock selection(s) and sold his BRK shares. For a while he kept boasting about how he had "the optionality of cash" while he waited for the best entry point. Finally the big decision was made. Sure enough he piggybacked Warren which normally works out OK but Todd chose to buy IBM (think in the $150's) and of course boasted about how he had bought at a lower price than Warren did. Needless to say the stock cratered...don't remember if it dropped below $100. Todd defended the purchase for a while but then just disappeared never to be heard from again.....