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

To: Paul Senior who wrote (29486)	12/29/2007 9:33:26 PM
From: E_K_S	Respond to of 78748

Hi Paul - Guess which investor turned $10,000 borrowed from his boss into $40,000 over 4 years. His strategy was to buy all the 104 US stocks that were selling for less than $1 at the outbreak of the war? Answer: Sir John Templeton I discovered this site as I was researching successful investors. incademy.com My Dad introduced me to investing by having me read Templeton's mutual fund prospectus and annual letters. I guess that exercise got me into the mind set of value investing. Of the 10 great investors reviewed in the above Web site, I guess Sir John Templeton is the one which mostly matches my style. I tend to focus on value-based methods which have led me to own a large numbers of stocks that with time beat the overall averages. The get rich slow method. It is interesting to read about the attributes of these other great investors. The key take away is to employ a method of investing that suits ones temperament and skills. It's a good primer to read, especially as we start a New Year. Happy New Year! EKS

To: Paul Senior who wrote (29486)	12/30/2007 11:31:38 PM
From: SI Bob	Respond to of 78748

I feel your pain. I still own [t]HMBN[/t], which currently trades at fractions of a cent but I think I started buying it about 5-ish. It also wasn't a pinkie when I bought it.

To: Paul Senior who wrote (29486)	1/4/2008 2:40:06 PM
From: Lazarus	Read Replies (1) \| Respond to of 78748

They can be tricky... look at this chart on TVIN. I bought 50 shares at .05 in 1998 and some more around 11 cents. I traded out around 33 cents or so on the spike -- only to watch it go to over $5.00! finance.yahoo.com today its trading for less than my last sale. with SPND my first buys were at 18 cents in 1998 and managed to hold for what seemed like FOREVER since it didnt move much for YEARS. Then at the end of 2006 and beginning of 2007 I let go of the last of them in the 5- 6 dollar range. I also had a biotech company that I bought for 2 cents when it was trading at .001 x .02 . I later went to dollars but I sold the last of my shares around 30 cents :( I'm probably a bit like you in that oftimes when I buy them and they dont work out I ride them to zero more often than not. otoh - I'VE NOT DONE WELL WITH BIG CAPS. Now and then I get lucky with them, but I dont really have the grasp on big caps that I do on pennies. For one thing, I cant read and understand big-cap financial statements with their alphabet-soup class shares, debt financing, preferreds, options, etc. The overall financial structure is just too complex for me. Wishing you a Prosperous 2008!!! Lazarus