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Strategies & Market Trends : Value Investing

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To: Arthur Radley who wrote (35105)	8/14/2009 12:33:53 PM
From: Paul Senior	1 Recommendation Read Replies (1) of 78744

Yes, it's seen as speculating if you're a "nonprofessional" (investor) in the Ben Graham conservative view (ref. "Intelligent Investor") Not actually clarified by Dr. Graham afaik, but implication I get is that using margin might not be speculation when it's carried out by "professionals". Which I also considered before posting. It leads to the definition of "professional". Which I couldn't pin down. I consider Madharry though with his experience and what seems to me (I don't actually know) his running and managing of his stocks as a business, to consequently be a "professional". Whether he feels that way, or my view is out of line from how others define or view "professionals", I don't know. To get around a lot of this, I specifically chose the noun "player" here and not "investor". I try to be very careful and very alert anytime I use or see the word "investor". "Wonderful opportunity for conservative players"

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