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

To: Mark Marcellus who wrote (16170)	1/16/2003 12:16:54 AM
From: Bob Rudd	Respond to of 78576

Mark: That's a key point...many people won't sell a 'mistake' right away because they don't want to hassle with the wash sale intricies. And beyond the once a year reporting is the planning and decision making...If people can't really understand how it's going to play out for them, they may have a tough time seeing it as something to inspire confidence.

To: Mark Marcellus who wrote (16170)	1/17/2003 12:22:56 AM
From: jeffbas	Read Replies (1) \| Respond to of 78576

Mark, I share your view. In fact, I don't see how it could possibly be executed by any individual or audited by the IRS. Retained earnings figures are only available 4 times a year, not when you buy or sell. Furthermore, what would you do if you owned a company for 10 years which grew wonderfully on retained earnings, and then took a writeoff which put retained earnings back where you started (making your whole gain taxable?). If something is totally unworkable, I don't see how it will end up being passed.