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: Spekulatius who wrote (33262)	1/12/2009 1:40:42 PM
From: Jurgis Bekepuris	Read Replies (1) \| Respond to of 78748

AOB - I really don't have strong opinion. It's too low to sell like most Chinese stocks. It's not a great buy either IMO. I don't have strong opinion about the real estate purchase either. Read my rant below. One advantage of Buffett style investing is that you only buy companies where you trust the management. And once you buy, you don't second-guess them. If they decide to invest money in X, they know better and you are there for a ride. IMHO, second-guessing the management is one of the worst things most investors do. Let's face it, we are not CEOs and we are not necessarily qualified to judge their actions. I am not advocating blind trust in management, far from it. However, I believe it is a large part of Buffett's success that he does not need to spend a lot of his time continuously trying to figure out if management is doing the right things. All that being said, I invest in companies that are far from Buffett's standards and I need to evaluate management decisions there. In case of AOB, I will not do anything right now, but I may sell if the stock runs up.