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Strategies & Market Trends : Value Investing
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To: E_K_S who wrote (62797)11/2/2019 7:44:36 PM
From: Nya_Quy1 Recommendation

Recommended By
sjemmeri

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I guess I will dedicate next week to take a look at TLRD (perhaps we can correspond about it in PM). It seems such an undeniably bad investment that it is not to difficult to find something that indicates that it's current situation is indeed crappy. However, the question is whether this crappy situation will become less crappy in 2-5 year or so. Humans tend to extrapolate things so looking at the price of the common, their answer to this question has been "NO, it is bad and it will only get worse". Luckily, even if you do not share this view you can still buy the shares for a price reflecting other people's pessimistic opinion on it: what a world.

As this is the last message before I go to sleep, I just throw in a relevant quote: "Being dead does not imply that your are broke" (paraphrasing the corporate raider in Other People's Money).

Nya
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