Posted by: o_o June 9, 2006
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Well it depends where you invest it. I didn't just use any arbitrary rate either. I am just obsessed with this 6% rate because this is what I think the neutral short term rate should be i.e. without Fed intervension.
Well if you like to invest long term what do you think about GE? I know what you are thinking. I didn't say this because Buffet just bought a hell lot of this stock but because I work here. It is just an amazing company with double digit growth forcast.
Think about it!!