Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (9070)	11/30/1999 11:08:00 AM
From: Michael Burry	Respond to of 78594

I assume there must be some diversification there too. You're right. Most of that trust is real estate. Like I've said before, when I quote portfolios, it's hard to follow because there's several, with different specific purposes. BTW, I would never put my mom in a mutual fund. But to be clear, the only portfolio management that I recommend is the type that I run on www.valuestocks.net. That is, the 10-15 stocks across industries. Whenever I am asked about buying a certain stock, I always recommend initial positions <10% and usually more like 3%. Overall, it's not as far off from where you are (although it sounds like you must have 50-100 stocks) as it seemed in the first post. Where I really disagree with you, and where we'll never agree, is that Deswell had a tremendous margin of safety below 10 that warranted doubling and tripling and quintupling of positions. This was thanks to many things, not the least of which was the due diligence Ron Bower shared with us online in different forums. Mike