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

To: Paul Senior who wrote (2613)	12/3/1997 9:45:00 AM
From: Wink	Read Replies (2) \| Respond to of 78627

Paul, I appreciate the feedback, and I also have enjoyed your past posts. I concur that too much work and no play is bad, but at the same time we must do a certian level of due dilligence. I have invested in the past in just this way. I find a stock, do my due dilligence and then buy or not. I do this in a "few days" and don't spend a lot of time researching (I'm not looking to get rich and have a modest long term goal of 15%). On the other hand, I have very little knowledge of people such as Graham and Buffet and wish to educate myself, if only for the purpose of casual conversation (and who knows I might learn something usefull)! Any suggested readings?

To: Paul Senior who wrote (2613)	12/3/1997 11:28:00 AM
From: TimbaBear	Respond to of 78627

Although I was an excellent student when I wanted to be, it took discipline for me to also be good when I didn't want to be.......Homework in investing, for me, included 5 years of paper-trading, reading incredible amounts of thoughts, strategies, money management techniques, etc., etc., etc.......all to get myself to the point where I was ready to confuse myself!!!! As I indicated in one of my posts, the ultimate test of research and theory, for me in this arena, is what are the results??? I don't feel the pressure of fear, anxiety, nervousness and trepidation because it's only my lifestyle in retirement ( or lack thereof ) that's at stake here!!!! I call it a "game" because that's the way I speak but believe me, I am no less concerned about results than anyone who may call it "investing" I feel that we are in a market unlike any that I have seen as far the rates of return that are achievable for the astute stock picker. I want to "make hay while the sun shines" in this market and gain higher returns, so that when it turns and I'm unable to achieve other than single digit returns, the average over time will still be impressive.....lofty goals which make me feel kind of like some kind of upstart, brash young kid!!! I haven't felt that way in a lot of years!! So far, the returns have exceeded expectations, and that is where the discipline I learned when I was in school has to be exerted.....all-in-all, quite the journey!! Tim