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


To: Q. who wrote (9309)12/14/1999 10:07:00 PM
From: Bob Rudd  Respond to of 78567
 
Ñ HRP While I agree the management misjudged how the market would read this thing, I can't fault them hugely since I made much the same error in taking an initial position in HRP prior to the spin. OTOH, this has created a major misperception of value that has allowed me to substantially increase the position at very favorable prices and get paid 15+% while waiting for the market come around to a more favorable view. That's really what value investing is all about, although it kinda hurts when it goes below low buys.
I also added more to my long sufferin ETT position on a dip today.
Be well,
bob