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: Paul Senior who wrote (4754)	8/22/1998 3:41:00 AM
From: Michael Burry	Read Replies (2) of 78602

Beating the market, meaning the S&P, is the only goal, IMO. No matter what you invest in you are wasting your time if you aren't beating something you can easily track thoughtlessly with a mutual fund. You can argue risk-adjusted returns all you want, but if over neither the long haul nor the short haul are you beating the market, then there is no reason to invest in stocks individually. This is not a hobby, and it is not a thrill. It is work in exchange for superior returns. If one proves to oneself that one cannot get that out of one's work, then one shouldn't be investing in individual stocks. Value investing isn't a crusade. Just a means to an end. My hypothesis is it is the best means, but still it's not for everyone (possibly not even me). Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next