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

To: petal who wrote (65849)	12/28/2020 5:45:33 PM
From: E_K_S	3 Recommendations Recommended By Nya_Quy pak73 petal Read Replies (1) \| Respond to of 78985

There’s an old investing adage attributed to Baron Rothschild, an 18th century British noble… …buy when there’s blood in the streets. Buffett, for example, famously purchased a $10 million stake in the Washington Post Co. during the bear market of 1973-1974 and watched over the years as it chalked up returns of more than 100 times the initial purchase price, according to Forbes reporter, Daniel Meyer. Sir Templeton purchased shares of every publicly traded company trading under $1 on the New York and American Stock Exchanges on the eve of WWII, including 34 that were bankrupt. Less than four years later he sold ’em for a return of more than 400% as the story goes. -------------------------------------------------------------- ------------------------------------------------------------------- FWIW, I make a lot of little bets like Sir Templeton. My first mutual fund was the Templeton Fund