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Strategies & Market Trends : Value Investing

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To: Michael Burry who wrote (4767)8/22/1998 5:34:00 PM
From: TimbaBear  Read Replies (1) of 78995
 
Please excuse me for intruding....I have been "lurking" on this thread for quite some time and believe I have read all posts in that time....but isn't one of the purposes of value investing to preserve capital?....if so, if the worst case happens and the company shuts its doors and all assets are sold, isn't that where the value investors will come out smelling like the proverbial rose?....a value investor doesn't lose money until they sell the stock at a loss.....for me, this is where the long term perspective comes into play, not short-sightedness or second guessing myself or the principles of investment that have worked so well in so many different situations.

In this turbulent world, the possibility of any company shutting its doors is more than it has been for several generations and it seems as though there is more bad news to come....I think I'll hold 'em for a while and go fishing.
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