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

To: Mr.Gogo who wrote (39973)	11/9/2010 10:26:42 AM
From: Madharry	1 Recommendation Respond to of 78666

I would say that one should always look at the filings before making an investment decision. otherwise you are just relying on what someone else is saying. there are very successful investors who only look at the filings as they dont want to be influenced by management or what other people think just by the numbers which have to be real unless the company is committing fraud. anything else is just supposition. The stock market is a very easy place to lose money even if you know what you are doing. I think that as a new investor there is an awful lot to learn. I probably lost most of my capital at least 5 times over the years, and pretty much got wiped out twice. This might even be par for the course for some successful investors. Carl Icahn said in an interview that he lost all his money at least once despite being warned of the risks he was taking by Jack Dryfuss who founded the Dryfuss funds. I think the Buffet said that in the course of the 21 years that Berkshire Hathaway was a public company the share price had dropped by more than 50% three times. Good luck with your investing!

To: Mr.Gogo who wrote (39973)	11/9/2010 8:52:48 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78666

Mr. Gogo. My comments/opinions: 1. For only two-years in learning about investing, you're doing excellently! Maybe much better than that. I'm talking about your process -- your results I don't know. (Should be good though if you've bought stocks after lows of '09) 2. I almost never read the SEC filings. (Maybe only for the tougher cases.) Only occasionally not reading the filings do I find that that is a mistake on my part. People here who do check, will correct me (sometimes). A positive for being on the thread.