The Justa & Lars Honors Bob Brinker Investment Club 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.

Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Justa Werkenstiff who wrote (11763)	2/7/2000 11:34:00 AM
From: Kirk ©	Read Replies (1) of 15132

Hey Justa... Forbes is writing about you! 8) You simply sweep your whole pile of chips into old-economy stocks, then puff on a cigar and wait out the coming convergence of valuations. Pass the hours profitably by writing a book about your strategy: Arbitrage for Dummies. forbes.com Key comment: "That's one very big and undodgeable problem for value hounds. You can search hither and yon for value, but just when you think you've located one, you'll discover that an army of venture capitalists and ex-Wharton terrorists got there first--only to rip the guts out of whatever profit model lay behind the "value." Perhaps best explains why old companies just seem to hang around with a p/e of 10? Obviously written for effect, but the message is clear. (and interesting, eh?) Kirk

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next