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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (69823)2/28/2022 12:07:41 PM
From: Paul Senior2 Recommendations

Recommended By
Lance Bredvold
Spekulatius

  Read Replies (1) of 78917
 
AVT. I'll give up on that one now. I ended in green for a few dollars with my very few shares.

As I've said many times over the past years, I'll go for pretty much any distributor stock that sells for below stated book value. That has been a winning tactic for me. I want to say always. With a couple of caveats: My memory is not that great; there's maybe good selective memory working here (forgetting those that didn't work out). I don't believe myself that this is a certainty thing, so my buys have all been very small. While I've "always"(?) ended in the green, I may have held so long before exiting that the time-value of money ought to be considered.
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