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Strategies & Market Trends : Value Investing

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To: John Langston who wrote (3019)	1/13/1998 9:48:00 PM
From: Michael Burry	Read Replies (1) of 78625

Sparkle and fade? Kinda like the Super Stocks thread. Ironically, it is when these threads are most dead that they would be most valuable. My problem with Buffett's methodology currently is that I ran around like a bat out of hell trying to find Buffett-like values, but every one that met Buffett's criteria was already priced as to give market average returns. Efficient market? Nah - just gotta keep looking, waiting for the right pitch. One day a Dairy Queen will pop up again, and maybe we'll beat Buffett to the punch. Mike

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