SI
SI
discoversearch

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.
Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (2451)6/21/1998 4:37:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 86076
 
Tippet: you might want to look at what the old-timer fund managers are doing. They are holding brokerage stocks. I own FUND, which is selling at a 15% discount to NAV right now- not bad for a portfolio with bonds and brokerages. Royce buys the smallcap brokerages with foreign exposure, knowing that the brokerages have high holdings of bonds and make money on trading.
So he likes EV for India and China, PA for Europe, BHIKF for South America, PIOG for Russia. It's a nice strategy as the smallcap brokerages are volatile but have limited downside risk and are easy to trade. The brokerages do better than anyone else coming out of a bear.



To: yard_man who wrote (2451)6/21/1998 7:08:00 PM
From: Joseph G.  Read Replies (2) | Respond to of 86076
 
It could be worthwhile to distinguish trading and investing.

<< if you think SEA will not recover for 10 or 20 years >>
SEA may recover, but: (i) some countries may not, (ii) they can repudiate foreign holdings before they recover, (iii) particular fund you buy may have the bad luck to get heavily invested into Cos. that will go bankrupt (old shares are worthless, even though Co. restructures and recovers). etc.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News