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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (19241)5/27/2004 11:54:53 PM
From: Spekulatius  Read Replies (1) of 78568
 
re MXBIF - i also bought a starter position today. Stock is cheap but the company is a black box.They are running s risky version of a merchant bank business model. Buying distressed or undervalued companies ,fixing them up and selling them later hopefully at a profit.Their LT track record seems pretty good, based on the number on their website. In any case, i'll keep my position very small.
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