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Strategies & Market Trends : Value Investing

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To: jeffbas who wrote (9018)11/25/1999 11:54:00 PM
From: James Clarke   of 78669
 
I greatly admire Philip Morris as a company and had a great couple of trades on the stock three years ago, but I am not buying now. Though maybe I should be. Lawyers are simply out of control in this country. Maybe a Republican president in 12 months will end this transfer of wealth, but I'm not counting on that. I have often said I do not invest in situations where I know my downside risk is zero.
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