Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Monday, October 27, 2008

WARREN BUFFETT AND GCI, CO., INC

Last week SBYnews posted the commentary about 'Warren Buffett Losing Big Time On Gannett' whereby we calculated that he had lost over 124 million dollars over the past 12 month period in Gannett's stock value. - (GCI trading symbol).

Well folks, we at SBYnews don't pretend to be financial gurus and although the math was relatively easy to extrapolate we may have inadvertently alerted the 'BIG BOYS' about Warren's latest financial blunder in his decision to hang-on to Gannett Co., Inc. - (The Daily Times parent company).

READ THE OP ED PIECE POSTED ON MSN'S FRONT PAGE OF TODAY'S MSN money, entitled,

'Leave stocks to Buffett (for now)'

Upon reading the article one could say that SBYnews was 'way ahead of its time' in anticipation of predicting the fallout.

READ ON!

http://articles.moneycentral.msn.com/Investing/ContrarianChronicles/leave-stocks-to-buffett-for-now.aspx

1 comment:

Anonymous said...

I read that last week on SBYnews and when I read it I thought you were being overly critical.

I wonder if SBYnews set off a tidal wave among Warren Buffett's followers.

Wow, I'm impressed. Good job SBYnews.