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Strategies & Market Trends : Value Investing

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To: Michael Burry who wrote (9247)12/10/1999 9:57:00 AM
From: Daniel Chisholm  Read Replies (1) of 78595
 
OT: Mike,

Following my post this this board, I wrote an email to my family that I had been agonizing over writing for months now. It is basically a "run for the hills and go to cash" missive. I had been reluctant for months to write it, because my record to date on giving financial advice has been 100% unsuccessful, even though (until recently!) I have done pretty well myself. Rightly or wrongly, I now feel that we are seeing something that none of use have every personally experienced before, and most of us on this board are beginning to realize it (of course to be honest, we could be all deluding each other and reinforcing each others delusions too).

FWIW my friend sent me this email yesterday:

Daniel this has nothing to do with our conversation but I'll be selling just corel at 4 pm tomorrow no matter what happens. Oddly enough I really don't seem excited one way or the other

So Mike, either your friend or my friend will turn out to be the smarter one (and each has shown themself to be smarter than either one of us ;-). Let's see who the right one is, and then we'll have him manage all our money ;-) (isn't that how mutual fund managers are chosen for promotions? Shudder...)

- Daniel
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