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: Sean Collett who wrote (74075)	10/27/2023 2:05:21 PM
From: Harshu Vyas	Read Replies (1) \| Respond to of 78525

So because Meta corrected quick that didn't present a value opportunity? Entirely correct. Companies don't fall 75% in less than 12mo,then rally 250% seven months later. Especially not mega-caps. It's not normal. Meta was a value stock - there's no doubt in my mind. If I recall correctly, I think I bought around 10x earnings - I thought it was a steal and it'd be a tough slog. Instead, well, the stock soared... Share prices shouldn't behave like that. You can call it inefficient, I call it broken. Mr Market doesn't chop and change his mind like that. Wouldn't surprise me if it were manipulated somehow. All of Buffett's plays took time to resolve. Value investing is meant to be a challenging game played by patient, more intelligent minds in the market whilst the pigs on Wall St and the apes of retail try to make a quick buck. At least, that's my take on it.