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Word: buffettfest (lookup in dictionary) (lookup stats)
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...their own game is perilous sport. They're the nearest thing to omniscience Wall Street has to offer. But I've been thinking a lot about both men's no-tech dogma since last spring. That's when Buffett told thousands at Berkshire Hathaway's annual meeting cum Buffettfest that he won't buy tech stocks because he doesn't know how to value them, and Lynch glibly confessed to thousands more at a fund-industry conference that he doesn't know how to turn on a computer. Lynch's point, as ever a good one, was that you shouldn...

Author: /time Magazine | Title: Tech That, Peter | 11/29/1999 | See Source »

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