SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (31176)6/16/2008 11:27:46 AM
From: Madharry  Read Replies (2) of 78659
 
I certainly do believe those numbers, Paul. My own numbers have been pretty good and I am a one man shop! Since I have been trying to follow rule number #1 better my results have improved. Now I am working on having more patience and sticking with situations. Individual investors can buy spin-offs and rights offerings. distressed debt I think is a lot harder. Im still holding almost all of the MFCAF I bought and am waiting for PLG.to to split itself into two companies. Unfotunately I never held on to ME or that would have worked out really well too. A good friend of mine worked for pfeizer. He received shares of Monsanto as a spinoff that initially sold for $5-$6 a share. Now several years later he sold these shares off for over $100 a share. with plays like this its not hard to achieve a return of 20% a year.
A friend of mine went all over the country opening up savings account and for a year or two did quite well. not so well recently that maybe why baupost has so much cash. Thankfully despite being a one man shop its fairly easy to piggy back on the efforts of others because of the internet. I still think buying something like PME and KYCN will work out over time but I may need to hold for several years.

The main part I think most investors who lack the steel trap mind that you have paul will have to sacrifice is diversification.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News