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Strategies & Market Trends : Value Investing
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To: Michael Burry who wrote (3899)4/23/1998 11:37:00 PM
From: James Clarke  Read Replies (1) of 78464
 
Bear Thread! Bear Thread! I'm there.

And Mike, you have way too much free time. Don't you sleep?

Now the question is do we have the guts to stick with our position if this market goes up another 50% and everybody is laughing at us. I am totally comfortable now, but to avoid temptation I may just prepay my entire car loan and get the cash away from my potentially itchy trigger finger, and into something which guarantees a 9% AFTER TAX return. Think about that. A guaranteed 9% after tax return. When bonds are yielding under 6%. OK, we're in no-brainer country.
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