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To: Skywatcher who wrote (25992)	9/2/2005 11:21:08 AM
From: Bucky Katt	Respond to of 48462

It's The Costanza Principle>> Seinfeld character and legendary slacker George Costanza was so cheap and opportunistic that he once plucked a half-eaten doughnut from a trash can. When it comes to your portfolio, you might want to do the same. By Tim Beyers (TMF Mile High) September 2, 2005 Not only does art imitate life, it often imitates investing. Consider celebrity slacker George Costanza, brought to life by actor Jason Alexander in the hit series Seinfeld. This balding, lying, scheming, cheapskate of a little man strikes me as a superior value investor. Follow along, please. The courage to do opposite Last time I spilled digital ink discussing the investing wisdom of George Costanza, it was to point out that his propensity to do opposite stands out as remarkably Rule Breaking. That's still true. Yet I should also point out that you can also be a Rule Breaking value investor. You just need to be ridiculously cheap and willing to do what others avoid at all costs. Sound familiar, Seinfeld fans? That's a perfectly good éclair! Consider this exchange from episode 92, "The Gymnast." The scene has George telling Jerry how he was caught eating a discarded éclair by his girlfriend's mother. Jerry, naturally, is baffled. Jerry: "So let me get this straight. You find yourself in the kitchen, you see an éclair in the receptacle, and you think to yourself: 'What the hell, I'll just eat some trash.'" George: "No, no, no, no, no. It was not trash." Jerry: "Was it in the trash?" George: "Yes." Jerry: "Then it was trash." George: "It wasn't down in. It was sort of on top." Jerry: "But it was in the cylinder." George: "Above the rim." Jerry: "Adjacent to refuse is ... refuse." Jerry has a point if we're talking about food. But what if we're talking about stocks? In that case, I'm not so sure. You want me to buy what?! fool.com