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Strategies & Market Trends : Value Investing

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To: IndependentValue who wrote (52086)8/13/2013 9:55:57 AM
From: Jurgis Bekepuris  Read Replies (1) of 78639
 
potential concern over Larry Ellison ... I would question whether his interests are aligned with ordinary shareholders. I get a sense that ORCL is like his personal fiefdom.
You are right that Larry is a despot. But this argument could have been made - and was made - 20 years ago. And look what potential investor missed (yes, I was such potential investor - never invested).

Same argument could have been made about Steve Jobs too...

My reason not to buy ORCL is that it's not cheap enough for me. But this argument also could have been made - and was made - 20 years ago. And see above. :))))
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