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Strategies & Market Trends : Value Investing
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To: Scott Mc who wrote (4304)6/18/1998 12:49:00 AM
From: jeffbas  Read Replies (1) of 78730
 
I think it is really decent advice. But the way to make real money
is to find an Albertson's at its stage 25 years ago. To do that you need resources like SI, etc. A company doing it for 25 years, like Albertson's or Coca Cola, is probably valued properly or overvalued by the market, i.e., not a value stock for sure. Buying such stocks is likely a way to get slightly below average, consistent returns in the future - which really is not that bad.
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