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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Michael Burry who wrote (28446)5/23/1998 3:11:00 AM
From: Skeeter Bug  Respond to of 132070
 
>>That said, in a true bear, even the innocent bystanders (value stocks) will get killed,
so I must pursue the question of the market's value. This is where my youth hurts me
- I can only read about the past, but don't have the experience. <<

mike, i've had a few companies that will go down with the market avgs but not up. unreal. over time, they will meet their fair value, but i don't want to wait b/c if intel and voke get cut in ahalf, my smaller cap, more risky (as though valuation has nothing to do with risk!) stocks will get slimed, too. that is why i own a few puts (mu and amzn - hopefully!) to help ease my pain when the kahuna hits. i'm protected through october.

we do live in interesting times.