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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Steve168 who wrote (20395)	1/1/2005 1:16:23 PM
From: Spekulatius	Respond to of 78585

Hello Steve, it seems that you are disappointed with the reception of your value picks. Don't let this prevent you from sharing your ideas here! We all have our different approaches to value investing and critize freely. I for myself am not offended by critizism and change my opinion frequently based on input i receive from others. For me many discussions here, like those on the Pietrosky screen/score were very inspirational. With respect to the WEB's Graham approach, i believe that your are partly right partly wrong. Clearly Munger taught warren about the value of intangible assets. When you read Hagstroms book about WEB your find Hagstrom going through great lengths to explain how intangibles were increasing in value during times of inflation. on the other hand it is almost certain that WEB did not find enough net net stocks due to the size of his portfolio. Anyways my key learning is that what works in the past is a guide to the future but no more. it is almost certain for example that the good result of Pietrosky's screen have gained attention of the value investors which means that this results will most certainly not have the outstanding results in the future that they showed in the past. So i think every winning strategy needs to be tweaked to gain an advantage compared to the rest of the market.

To: Steve168 who wrote (20395)	1/2/2005 4:51:58 PM
From: Brinks	Read Replies (1) \| Respond to of 78585

Steve I would never worry about whether this forum follows you. Heck, sometimes I think it is a positive if they don't. Even the Graham net-nets sometimes get met with deaf ears. So be it. No big deal. Next! Most of my picks here get the thumbs down. Dixon Ticonderoga, Storm Cat etc. In fact, I posted November 13, 2004 about Storm Cat: Message 20765427 Storm Cat is now $ 5.40 CDN up 337% since introduced here on November 13, 2004. 26% in last two trading days! finance.yahoo.com You just have to take this with a grain of salt and go about your business of making $$$$$$$$$$$. Just because you see a gemstone does not mean everyone does. Such is life. Happy New Year to all the great folks here! Thanks for sharing. Brinks