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Strategies & Market Trends : Value Investing

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To: Michael Burry who wrote (5593)	12/29/1998 9:20:00 PM
From: James Clarke	Read Replies (4) of 78748

I like the "blue blooded contrarian" comment, Mike - shorting Amazon today is an act of principle, comparable to taking to the bayonet when you've ran out of bullets against the heathen infidel. Assuming I am someday going to become a crotchety old value investor telling stories about the 1998 top ( :) ), how could I tell that story without a part about either making a few bucks or losing a few bucks shorting these stocks. Its like when my generation asks our parents "what did you do in the 60s" - you don't want to hear that they watched it all on the news! This is why God created play money. Jim

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