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


To: bruwin who wrote (24532)8/4/2006 6:27:18 PM
From: Carl Worth  Read Replies (2) | Respond to of 78717
 
i think it is quite telling that you end posts regarding me with Q.E.D. at times, but then you need to bring my name into things again...even your word that you will leave such things be cannot be trusted...in any event, let's look at your latest diatribe, shall we?

once again you bring dale baker into the discussion, and once again you wildly distort his thesis...he is not saying he will make 50% a year, that is not what "50% gains investing" means...he is saying that he is looking for ideas that have the potential to gain 50%...note also that his thread has existed for years and years, and in that time, his approach has changed quite a bit, from being much more aggressive, and having results that were much more volatile, to having a more diversified portfolio which achieves gradual gains with less significant drawdowns...of course you have no idea on such things, as you randomly jumped into his thread a year ago and promptly got yourself banned (actually banned twice, you still hold the record on his thread for that...LOL), and of course you don't bother to check the history of the thread, to understand it, you just carry this personal vendetta against dale for the rest of your life

note that dale's gains are on trades which are posted in real time, EVERY SINGLE TRADE as they happen, not oh i bought this back some other time and look it has gone up 78%, and oh i never have a losing trade, and oh i make 30/40/50% a year EVERY year and then, comedy of all comedies, i look at the balance sheet of a fairly straight forward, well known company, and can't even understand it

i would say that you should give up on bashing dale while you are wildly behind, and stop making it even worse, but i know you aren't likely to take that constructive advice either

going off on some wild tangent about VPA's and people who need income, wherein you just throw in the 40% per annum gains as if they are a matter of fact, doesn't make them any more factual than the rest of your ramblings

i do find your supposed verbatim PM interesting, since your profile appears to show even more people have now ignored you, while less have you bookmarked...it's also interesting that the supposed PM uses "quotes" around words in the same way that you do, but i'm sure we can take your word for the legitimacy of that PM, since you have always proven to be so forthcoming in the past...LOL (oops, i LOL'd, i know how you love that)...by the way, how would this person sending you a PM know that you are young? i mean other than the fact that you act infantile, when did you state on this thread that you are of a certain age or age range? and why do none of these supposed fans of yours post publicly? please don't tell me it's because they fear me or jurgis or any of the others who see through your nonsense...plenty of people have seen fit to debate me and others quite publicly here, so it would be quite absurd to think that they would all shy away from doing so on this one issue...besides, i doubt it would incite any debate to simply say that someone thinks your stock selection process has merit, except that you never give us any clue as to how your magical black box works, or the ideas it generates, except in vagaries and hindsight claims of outsized gains, so what could they base that on anyway?

i suppose this post is not cordial and constructive, or whatever terms you used previously, but then again, i'm not the one who made claims (lies) about being that either, am i?

LOL

though it is quite preliminary, i think this is of interest:

stocks you assessed as favored on 7/6:

HANS
IPS
ANST
AOB

average return of those positions since:

-5% (since you like to annualize so much, that annualizes to near bankruptcy)

again, one month does not a year make, but since you don't post actual buys or sells, any inference as to your REAL performance can only be made from such data

oh well, i'm sure you will let us know that you sold HANS at its absolute high and put it all into whatever stock has gone up 50% since...(yawn)