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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (34018)4/1/2009 7:33:36 PM
From: Jurgis Bekepuris2 Recommendations  Read Replies (1) of 78958
 
So you believe the more time spent on dd for a potential stock buy, the better the results should be for the investor who then buys?

No, I do not believe that spending infinite time on a DD will result in infinitely better results. However, I believe most purchases that "take not more than two minutes" will result in losses.

There were quite a few areas which could have improved your results in TRID. For example, understanding the business and TRIDs position in it, talking to management about their current situation and plans, talking to activist shareholders about their situation and plans. Or even delving more into the financials and understanding what is exactly there as well as the trends. TRID is a microcap and most of these avenues are available even for small shareholders.

You have said more than once that you are not interested and not willing to do such DD, since you own a lot of stocks and you "bet on a package of these companies". Fine. It does not mean that you can run around the board dissing someone who does more in depth DD. I said already more than once that there is a lack of in-depth DD on this board and I wonder if part of the reason is your attitude (as a moderator and leader) that such DD is worthless.
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