No. of Recommendations: 0
I am more comfortable with 5%. ... OTOH, shorting SPY or getting out of US stocks
My entire point was about your comment "you are betting against Warren" is silly and everyone including you in someways betting against him. That's how the market works. You want to think you are betting along with to the tune of 5% in WFC and I view the same thing as you are not betting 15% in WFC thus betting WEB is overly optimistic in allocating 20% to WFC and you disagreed with him and thus bettring against him!

Again the important point is, it doesnt' matter what WEB does, because he is different than you in skills, experience, and the size of capital. You should do what you are comfortable with and not worry about what he does.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.