Friday, May 05, 2006

The Other Guy From Omaha; May 5, 2006

"It is impossible to earn above-average long-term returns without being willing to be out of step with the market from time to time," says Weitz... to read more, please visit Forbes

How true this is! If you look at Lau Model Portfolio, you will notice that all my picks except one have gone down..... but, I believe that these are all brilliant companies, selling at wonderful prices. Let see what happen in one year time!

All the best,
Dah Hui Lau (David)

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