Graham and Doddsville -- Value Investing In The New Era Message Board

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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: Freedom Fighter who wrote (967)	11/11/1998 9:19:00 PM
From: porcupine --''''>	Read Replies (2) of 1722

This may seem like market timing, but it isn't. It is setting the standard for investment at a level where the spread between the expected return on the stock and its alternative is high enough to cover all the associated risks. If one is in the Market at some times and out at others, one is timing, regardless of the criteria employed. That's okay for people like you and Buffett. My view is that it is not a good idea for the average investor. Apparently, Dreman concurs

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