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URL:  http://boards.fool.com/horacekgl-i-think-the-biggest-problem-with-your-30298918.aspx

Subject:  Re: Walgreen (WAG) Date:  10/4/2012  12:00 AM
Author:  DBrown7 Number:  7554 of 8716

horacekgl,

I think the biggest problem with your poor returns since your 1998 purchase of WAG was likely the fact that WAG was very overvalued at the time. The earnings growth for at least the last decade has been pretty good. As for future growth, I have no prediction.

As Buffett has often stated, profiting on an investment depends on buying a good business at a reasonable price. If you feel WAG is still a good business, the price is much more reasonable than it was in 1998. If not, then it's probably time to look elsewhwere.

Don
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