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Strategies & Market Trends : Value Investing

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To: jeffbas who wrote (3616)	3/24/1998 4:03:00 PM
From: Michael Burry	Read Replies (3) of 78576

I would say that many of the ideas that were most ignored here turned out to be the best. James Clarke screamed St. Joe at us when it was half it's current price just a year ago. He was even adding "SJP" to the end of his notes after his name and still most of us ignored it. IMO, consensus is not the goal in any event. If most people are declaring value investing dead, and most value investors are fully invested, then I don't see that as personally bad (though it may be for the market). The result is a thread void of ideas and discussion for a while. It won't last forever. I'll take a look at LTXX. Mike

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