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 : Bob Brinker: Market Savant & Radio Host

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tim Bagwell who wrote (2239)12/1/1997 12:57:00 PM
From: sea_biscuit  Read Replies (3) of 42834
 
Yes, I agree. In fact, when one caller made a statement that it doesn't matter what price you pay for a stock as long as you are buying a "great" company, the duo didn't even attempt to disagree with him.

I feel the fools should be made to write the following Buffett quote a thousand times :

"Price is what you pay, value is what you get".

Their popularity (with some people calling in to proclaim them as their "heroes" :-) ) is understandable because the years '95 thro '97 (so far) have seen near three-sigma positive returns.

I do wonder how these fellows (and their foolish followers) would feel if the market were to go down 30% over the next couple of years. But I don't think it needs a real bear-market to cool these fellows down. Just a string of lackluster years, like '92 to '94, will do.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext