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Buffett would not buy Google, Apple; prefers IBM
- makecheck 14y agoIt's funny to see this perspective; lately Robert X. Cringely devoted several posts on his site[1] to just how messed-up IBM seems to be. [1] http://www.cringely.com/ http://www.cringely.com/
- gm 14y agoI'll take Buffet's investment advice over anyone else's though.
- MaysonL 14y agoThen again, Buffett has always said he doesn't understand tech.
- toemetoch 14y agoAnd one of his golden rules was (is ?) never to invest in something you don't understand. Which makes me wonder whether I should bother reading the article.
- gm 14y agoYeah, did not read it either. It's just in line with what Buffet's advocated from the beginning. My response to the headline was "so?"
- loverobots 14y agoHe understands that governments and companies will need someone to maintain their systems and that IBM does that. And then there's the IBM legacy and research http://www-03.ibm.com/press/us/en/pressrelease/29168.wss http://www-03.ibm.com/press/us/en/pressrelease/29168.wss to fall back on
- nextparadigms 14y agoBuffet likes to invest in companies that last for a century rather than latest hot thing (in the past decade).