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Politics : Ask Michael Burke

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To: BGR who wrote (96839)	7/21/2002 11:05:38 PM
From: Joan Osland Graffius	Read Replies (1) of 132070

BGR, >>something which is only clear in hindsight Price of an asset is not "only clear in hindsight". If you want to evaluate paper assets - Graham and Warren Buffett have written books using evaluation techniques that make investment sense. During the S&L Crises we were buying houses for $10,000 including taxes owed - minimum bids. When the NAZ was flying at 5000 there were tons of values in the market. Go back and look at some of the charts of the "boring" companies that were making profits. There are always opportunities if one is looking for them. Joan

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