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 : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: daffydog who wrote (12732)	12/13/1999 8:34:00 PM
From: Mike Buckley	Read Replies (2) \| Respond to of 54805

MGG, The manual begs to differ about value investors. You have rapidly become the #1 person to validate or invalidate thinking by going directly to the manual. It's great having you around! However, I beg to differ with the authors. Nah, I just differ. I don't beg. :) I think they are using too narrow a definition of the term, value investors. Being a value investor, I think I know a little bit more about me than they do. :) If the authors simply referred to traditional value investors using that definition, we'd agree for awhile. As the manual gradually catches on, it will in due time become a tradition to go gorilla hunting. Some day our form of value investing we call gorilla gaming will be just another highly recognized tool. To validate my contention that gorilla gaming is value investing, it's important to understand the chapter titled "Understanding the Stock Market." First, it is no accident that the subtitle of that chapter is "The Valuation of Competitive Advantage." The "value" part of gorilla gaming is understanding the present value of the CAP and the GAP, all of which is a discounted cash flow analysis, the most traditional of all metrics and one that such traditionalists as Warren Buffet and Charlie Munger have always used to propel their Berkshire Hathaway to great financial success. HRUMPH!!!!!!!! :) --Mike Buckley

To: daffydog who wrote (12732)	12/13/1999 8:50:00 PM
From: Rick	Read Replies (1) \| Respond to of 54805

Out-of-favor, underpriced stocks which make up the universe of the value investor aren't getting onto the GG investors' radar screens. I'm not saying the individual stocks we invest in will be similar, but that our strategic lookout is similar. Both types of investors are searching for hidden value through the use of research. The traditional value investor finds them in beaten down stocks, we can find them in so-called "fairly valued" tech stocks that are really undervalued when certain special characteristics are considered. - Fred