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

To: Paul Senior who wrote (10920)	7/10/2000 4:16:34 PM
From: Michael Burry	1 Recommendation Read Replies (1) \| Respond to of 78471

The learning curve before one finds one's groove varies. I am positive there are those with the good fortune to have very steep learning curves over short time frames. How short one can only imagine. Exceptional individuals do exist. Self-aware individuals will realize that such individuals can be even more exceptional than themselves.

To: Paul Senior who wrote (10920)	7/11/2000 10:12:19 AM
From: Grommit	Read Replies (2) \| Respond to of 78471

Jeez.... Just friday, I mentioned to a friend what a neat site this was. He said how he avoided stock chats due to the, well you know, many people acting like children. "No", I assured him, ... well, the rest is history. PS -- Paul - I sold RGC this AM at a nice one month profit. PS -- JC -- sold some expensive (15 1/2) ANF shares at 16.3 and keeping the cheapies. You keeping BL?

To: Paul Senior who wrote (10920)	7/11/2000 9:26:24 PM
From: jeffbas	Respond to of 78471

<Paul, who sees years in the market as improving one's investing skills and abilities (asymtotically)> As one old geezer to another, I think investing skills start deteriorating at some point for many people. Without going into detail, I think many of the things that are evidence of weakened mental performance generally in the elderly have implications for reduced investment performance. I see it daily in elderly in-laws that live nearby (in their 70's) - a lot more of their lives is devoted to healthcare issues, and age, health and medications are clearly affecting their mental performance versus 10 years ago. I believe, that most people would be wise to have a specific plan to reduce their involvement in individual stock selection and management in advanced age.