Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Burry who wrote (4749)	8/21/1998 10:19:00 PM
From: Axel Gunderson	Read Replies (2) of 78596

Anybody else out there beating the market on down days with a largely invested portfolio of value stocks? I think we should first define how we are using "value" stocks in this context. When companies start to outperform, they become less discounted. One portfolio, 99.98% invested, is beating the market YTD and on down days. But... Please share your secret. that portfolio is not composed of stocks that I would consider values at the present. They were purchased with a good margin of safety, but I would go so far as to call a few of them overvalued now. This comes back to what I was saying in my last post, about time frames. These last few months have seemed very hard, but a few months is a very short period. The important thing IMO is to concentrate funds in companies which you know will be worth holding for at least a few years, even if their stocks underperform for part of that time. Axel

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next