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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Bob Rudd who wrote (9092)	12/1/1999 5:25:00 PM
From: Madharry	Read Replies (1) \| Respond to of 78594

Not like the quality of US financials?

To: Bob Rudd who wrote (9092)	12/2/1999 12:10:00 AM
From: Paul Senior	Read Replies (2) \| Respond to of 78594

Bob Rudd: Bob, I don't trust the accounting system or the legal system or the integrity or capability of the managerial class. Okay, so maybe some people say the same about the US -g-. I'll take the devil I do know vs. the devil I don't. In any case, I believe these foreign investments - and I own Mexican, Chinese, - maybe even some where I don't even know where the power is really from - they all should be in a diversified portfolio to reduce risk. I've lost too much money and too much hair to believe or invest large in only one stock (let alone a foreign stock) because I believe its margin of safety is great and its risk is small. Paul