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Strategies & Market Trends : Value Investing

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To: Michael Burry who wrote (4397)7/10/1998 1:30:00 AM
From: jeffbas  Read Replies (2) of 78751
 
Mike, my problem with value stocks is that they have been the wrong stocks for this market and I am fearful with the Internet craze,
valuations generally, etc., that we are so close to the end of this bull market that they are also the wrong stocks now (versus cash).
If we have a crack in the ridiculously overpriced sectors, can value stocks bought now give you a positive return? I doubt it. I have too many value stocks I am down on and really think cash is the better choice now.
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