Value Investing Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Burry who wrote (8715)	10/21/1999 10:42:00 PM
From: Paul Senior	Read Replies (2) of 78645

Jeffrey, Armin, Mike: (still more about diversity -g-) Your observations about what's going on seem right, but I don't believe you've got the right conclusions. What I'm reading from you guys is that when you (Jeffrey, Armin) faced a choice between two (tech) companies, each with a different technology or business or management competency, you've selected the company whose stock performance turned out to be the poorer. And if management is a key determinant for success, and going with Mike's observation that management is difficult to judge by an outsider--- then I will offer you my postulate: 1. At any point in time, if trying to make a choice among two or more companies to invest in, the investor will invariably pick the wrong company. The implication from this (for me, anyway) is not that one should continue to struggle to pick one from among the competing alternatives. I say -- especially with two choices-- it is NOT a matter of selecting one or the other. One takes a position in BOTH. Paul

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next