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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (22784)12/19/2005 4:44:10 PM
From: Paul Senior  Read Replies (2) of 78729
 
Jurgis Bekepuris. I find it sad and worse that PIR is the only and best pick that you chose when there seem to me so many other and possibly better choices that have been mentioned here and elsewhere.

That said, there's the other side:

It's what one buys that counts, not what one doesn't buy and not what other people are buying or might expect somebody else to buy. It's what happens to PIR and if it meets your requirements - your style of investing and your goals.
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I added a few shares to my losing position of CPWM today. CPWM and PIR are in the same sector (mostly), and sometimes trade on similar news. (And the news is not so good today.) I like CPWM because it has a more diverse product line (food, beverages, etc.) OTOH, PIR might be the better bet: Warren Buffett liked PIR at much higher prices; PIR has better profit margins than CPWM, better d/e ratios.
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