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Strategies & Market Trends : Value Investing

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To: Mark Marcellus who wrote (27877)8/23/2007 5:20:22 PM
From: Paul Senior  Read Replies (2) of 78774
 
URBN. My market research staff (teen age nieces) like this one also.

My problem is ... my problem. I don't consider the stock a value pick, the stock being very expensive imo on several metrics.

My research staff also has liked Under Armour and Zumiez. I have dismissed these two several times because they also are expensive - very much so for a value investor. I've been correct about that all right, but VERY wrong nonetheless because I've forgone opportunities to profit from the stocks' rise. And they have risen:

finance.yahoo.com

Ach. The old story. Is it better to have a consistent viewpoint or method that doesn't sometimes work, or are we here to make money when we can and the opportunity presents itself?

Maybe I need to reframe the way I view retail stocks, get away from trying to find value plays in retail, and just faith-base jump in on the recommendations from my expert research staff who seem to spot the growth opportunities.

As I say, my problem.
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