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

To: FIFO_kid2 who wrote (75654)	5/17/2024 2:49:50 PM
From: Paul Senior	Respond to of 78957

Yes, important to have cash (or a plan to sell something) to take advantage of opportunities. If Buffett does his own analysis, I can't believe with OXY he was as comprehensive and going as deep as you, when he first entered the stock. For people maybe like (apparently) Harshu Veyas types -- who like to know what's going on and are willing to do the digging and analysis, and for whom this is just part of their investing style -- what you say about analyzing O&G stocks will resonate.... -g- The part though about having patience in holding the position, that would eliminate a few people. I've found The Wall Street Transcript to be very helpful also. In the day, I had to travel to the only one regional library that subscribed. Library eventually got wise that I was maybe the only one or maybe one of only a very few reading the thing, and subscription was indeed very expensive. Somewhere near $1000/year for all their interviews. (Can $1000 be right? -- seems like a lot.) Library eventually didn't renew the subscription of course.