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Strategies & Market Trends : Value Investing

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To: jeffbas who wrote (3644)3/26/1998 8:12:00 AM
From: Michael Burry  Read Replies (2) of 78534
 
Re: why I sold JBM

Stupidity. The net of it was that many stocks
were low, and I thought more "exciting" stocks were
available than JBM. Even in December when it fell to 2.3125
I noticed but didn't buy back in. And into January it was
available at my 2.625 target price. I'm getting the knowledge
down, but, as Al Frank might say, I'm still working on the
wisdom.

Mike
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