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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (35299)	9/5/2009 3:05:16 AM
From: Spekulatius	Read Replies (1) of 78751

>> Also, I've been a stockholder of a couple of Mexican food companies (tortilla and an egg producer) as well as Brazilian SADA, mentioned in your link. I believed that these were "just" food companies, and they made their money from farming/processing/selling foodstuffs to consumers. Ha. Very wrong there. They apparently tried to make their profits from financial manipulations. << You forgot to mention the geniuses at Cemex that went into the recession chuck full with debt from a recent acquisition. they are astute operators but it does not matter much if you don't handle your finances right.

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