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


To: Rock who wrote (18438)1/14/2004 10:14:55 AM
From: hoyasaxa  Read Replies (1) | Respond to of 78671
 
rE: Paul Commentary and more

Couldn't agree with you more, old friend. T'is difficult indeed. Agree with the Rock on jockey selection: in my case, there are a number of you guys who I follow on these threads regularly to get some good ideas. Clarke is one for me too, and I've been nibbling at UAIR since he noted it here...

And thank you folks for the 'putting cash into play' ideas. You've given me a few to take a closer look at.

Finally, anyone getting tempted by Kodak. Journal describes them as no longer making most film cameras going forward, shifting strategies, going digital. Desperation, capitulation, and/or a new path of success for this worst performing Dow stock of 2003?

All the best....



To: Rock who wrote (18438)1/14/2004 6:58:20 PM
From: jeffbas  Respond to of 78671
 
Rock, we all have to live with the results of our own investments. I think it is a distinctly bad idea to not "own" the pick. What will you ever do if it goes down instead of up?

That said, I think it is beholden on someone who sees something strongly recommended by someone with a good track record to ask the key questions about the things you are uncomfortable about. Maybe your lack of comfort can be eliminated by more information.

I can't emphasize this last point enough. With my extensive financial background I can usually decide within 5-15 minutes if a stock is worth doing a lot of homework on, and my view won't change 95% of the time. However, laziness has cost me millions by not doing more due diligence (and asking questions) on some stocks that were not clear nos - like TASR which I saw recommended on a Yahoo thread at $12, took a quick look at, and passed on!!!