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

To: Sergio H who wrote (44496)	9/22/2011 10:30:55 AM
From: benbuffett	Respond to of 78666

mohnish pabrai also has stated that he looks for stocks hitting new lows as a starting point en.wikipedia.org

To: Sergio H who wrote (44496)	9/22/2011 11:56:21 AM
From: Spekulatius	2 Recommendations Read Replies (5) \| Respond to of 78666

re buying at 52 weeks lows. Do what works for you. I look at technicals too but the problem is decision paralysis when I focus too much on getting the best price. For me it's important to get a good price and go from there. For example, I remember I owned GR in 2008 and sold it because of obsession of short term price movements (sky high volatility). I owned this stock at around 36$ and it went down 20% from my purchase price. I know from a fundamental side that this wasa airspace company with a strong product portfolio, a decent balance sheet and good prospects. Somehow i never got around buying it again - decision paralysis. I would not have held it to 120$ anyways but the sale sure cost me a chunk of clownbucks. FWIW, I added some FWLT today at 18$