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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (19102)4/16/2004 6:45:09 PM
From: Jurgis Bekepuris  Read Replies (1) of 78673
 
Sorry, maybe I was a bit jumpy on you.

I thought that the expected return as measured against stock price and ROE was good. However, I did not understand the business enough to figure out whether current downturn was temporary or not. That's why I did not buy. Now hindsight is 20-20. :/

BTW, I don't think ABIX is a distributor... :) But I don't use PSRs much anyway

Jurgis - who made a lot of other mistakes in the past and the future.
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