On May 20, 1999, the Bore Port sold its stake in Cisco Systems at the price of $58.5625 per share (adjusted for a 2:1 split). Today, Cisco is trading at an all-time high of over $140! To add insult to injury, with some proceeds from the sale, the Bore purchased some BRKB on 5/27/99, at $2336, which, as you may already know, is now in the red.I did prophesize this tragic occourence over six months ago, but was ignored. But, for the sake of the port, I sure am glad that you fired Dale as the manager. It's sure doing better without him! (It would be hard to do any worse)Yes, it's gone terribly since I left, no changes have been made to the Portfolio, 13% of the Portfolio is in cash, and 26% is in a severely undervalued behemoth that holds on its own $25 billion+ in excess capital. It's a wonder the portfolio is ahead of the market.Of course, the most valid commentary often comes from anonymous people who troll for reactions on the internet, and not from someone who has published over a million words, scores of reasoned analyses, and numerous imperically valid quantitative models, as well as running a totally open, audited portfolio, all in the pursuit of helping people make rational decisions.Thanks for the commentary, Lithium. I repeat the recommendation I gave you last June. I really think you could profit from that.Dale
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