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To: HamiltonJay
Warren Buffet or Steve Forbes?

Forbes hands down, if those are the only two choices. Forbes understands economics, Buffet understands valuation.

Warren Buffet whos actually created wealth, or Steve Forbes who inherited it?

Where they got it is irrelevant. But i'll bet Forbes created more than Buffet. Buffet takes temporarily undervalued property and fixes it up or waits it out and then profits. Forbes has built sucessfully on his father's business.

145 posted on 08/13/2003 1:05:54 PM PDT by Protagoras (Putting government in charge of morality is like putting pedophiles in charge of children.)
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To: Protagoras
"Buffet takes temporarily undervalued property and fixes it up or waits it out and then profits."

Buffet wants to buy California?
149 posted on 08/13/2003 1:08:30 PM PDT by Beck_isright (Shenandoah and Blue Ridge will re-emerge as the investment of the 21st Century....)
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To: Protagoras
Where they got it is irrelevant. But i'll bet Forbes created more than Buffet. Buffet takes temporarily undervalued property and fixes it up or waits it out and then profits. Forbes has built sucessfully on his father's business.

JMO, protagoras, your above passage is very anti-Randian of you. If Ayn Rand was alive today, she would be on Buffett's side because of his business acumen.

Remember that Ayn Rand was all business and could care less about social issues. She was an atheist.

You all should be overjoyed about Buffet being on Arnold's team, IMO.

151 posted on 08/13/2003 1:12:06 PM PDT by Dane
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