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Strategies & Market Trends : Value Investing

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To: Bob Rudd who wrote (16666)3/21/2003 4:31:02 PM
From: Paul Senior  Read Replies (2) of 78615
 
Bob Rudd. I'm suffering with HRC also. Just has been hard for me to believe how far on the scale that some people can push greed and criminality.

It's one thing to have self-serving management. But these multimillionaires who risk all (money, reputation, freedom) to perpetuate these frauds must have a screw loose somewhere.

Hard to protect oneself against fraud of this magnitude. Only real protection is to avoid being in the stock. Which might be easier said than done. I see there are many funds apparently holding HRC. Some being well-known value players.

Diversification among stocks doesn't protect, but it does reduce damage from alleged crooks like Skrushy.
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