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Strategies & Market Trends : Value Investing
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To: Michael Burry who wrote (3532)3/20/1998 2:48:00 AM
From: Paul Senior  Read Replies (1) of 78516
 
Mike: re MSA buy/sell

No problem here. It's in these instances that I can move forward a little in stock picking skills.

So many good ideas and successes on this thread. But seems difficult for a lot of us (me for sure) to actually buy based on the recommendations posted here. To me it looks like we all mostly ignore each other's picks. I am trying to learn to listen (and understand)and actually follow some of the ideas that are mentioned on the thread - and I am having a hard time of it. I think at some point I will need to move from living with my indecision with a particular stock to having some faith and trust in the proposer of the particular stock. Such with you and MSA. I bought yesterday am. based on your recommendation. I have more faith in you being right about MSA than I do in my being right that it's too late for me with MSA. And I followed you again and sold MSA yesterday (Thur) pm. based on this, your last MSA post. Another day trade for me!

Change of strategy or tactics, rapid responses to surprises in the market, portfolio adjustments, etc. all are part of the game. Sometimes they occur at awkward moments. That's okay. Sometimes though ego gets in the way of acknowledging to oneself that a change is required or desirable. That's not so okay. (I admire your ability to take a second look at MSA after the initial enthusiasm created by the merger announcement.) And from my perspective, I appreciate the word that you've adjusted your thinking. That gave me a chance to tag along also on the way out. Paul.
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