I should add that a downer re: PPD is that their cooperative arrangements with Conseco and CNA have not gone well. This could mean that live, straight-faced brokers can't sell PPD's product. And if it takes an army of profit-minded members to get the product sold, one must wonder what the long-term prospects are. I would be much more comfortable if the traditional channels started working for them.|
BTW, is it becoming obvious to anyone here yet why Apple has Buffett characteristics. I couldn't pound the table hard enough back at 34, and I'm about to pound the table again even up here.