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Strategies & Market Trends : Value Investing
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To: Bob Rudd who wrote (9350)12/17/1999 9:57:00 PM
From: Michael Burry  Read Replies (1) of 78520
 
I'm just loathe to hold something sinking to new lows unless I understand exactly what those reasons are and feel them irrelevant to my investment position. Value investors as bottom fishers get there teeth kicked in every once in a while. And I think that it can be a big source of diminished returns. I've stepped aside of some crashing, burning pieces using this method. Plus, there's always something else to buy.

Mike
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