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 : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: yard_man who wrote (3612)3/24/1998 3:25:00 PM
From: Michael Burry  Read Replies (2) of 78576
 
Wow, this is getting really interesting. People (read: more
than one) are taking time out of their day to come the value investing
thread and tell us how irrelevant value investing is. At about
the same time, friends and acquaintances are losing all patience with
my talk about value but perk up when someone says "this one
will double by December." These are the same ones that say, "I'm
making 40%" and expect it to continue. Recently two people approached
me about helping them do commodities for even bigger gains - 30-40%
in stocks isn't enough. One of them thinks commodities aren't enough,
he wants options on S&P futures.

As I run a value investing web site, I can also tell you that
I approach 200 hits/day when the market shakes out like in October
and January, but am down to 60-70 hits/day now. People don't need
ideas - they know to just pile into the stocks everyone talks about,
a strategy that has worked well the last 15 years.

I tell my editor that Dell at 140 is an albatross that has just
been shot, and he says no way, the money flow is just too
strong. That money flow brought it to around 122 pre-split within
a few days.

Certainly is interesting...last year I was bearish on valuation, but
never before have I had so many people slap me in the face with
their impatience with value investing.

Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News