SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Burry who wrote (1670)8/12/1997 7:46:00 PM
From: PaulM   of 78917
 
1. If you're very sure the market will tank SHORT TERM, only rational response is to sell the value stuff now, which is primarly chosen to appreciate LONG TERM and can be purchased cheaper later.

2. If you're very sure the market will appreciate you should cover your short.

3. If you're not so sure (which apparently you're not) some form of heding is appropriate. The form of hedging you chose makes perfect sense because of the reseacrh you presumably put inot the stocks you bought. Hopefully your research means that your stocks will ourpferm the overall market, in good times or bad, so why sell them unless category 1 applies?

I don't see much else here.

Any comments about PGP? Very preliminary research suggessts PE is 2 and insiders boght a boatload of shares at current levels.

Good Investing.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News