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Strategies & Market Trends : Value Investing

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To: Bob Rudd who wrote (16343)2/3/2003 4:57:16 PM
From: Paul Senior  Read Replies (1) of 78517
 
Bob Rudd, perhaps we are each on a continuum or maybe two-- one line for buying and one for selling. On one end of each line - a mechanistic approach. On the other, judgment/feeling/qualitative aspects. Seems to me on the selling line judgment/feeling/qualititative comes into it more. That's because, imo it seems easier to mechanistically determine "undervaluedness" than it is to determine full or fair value, i.e. when the stock should be sold.
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