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: Michael Burry who wrote (4843)	8/28/1998 4:27:00 PM
From: Axel Gunderson	Respond to of 78595

I'll just take cheap whatever the business. You are probably wise to have such a discipline. I think that Buffett companies have a long way to fall before they become attractive again as buys. I agree. Though I do note that the financials he holds all pass the "quick test" that Hagstrom describes (re: FRE); admittedly AXP is on the border. But I admit to a lack of confidence with financial companies. I'm not inclined to hold out for Buffett companies, but there are sufficient "Fisher" companies out there to keep me happy. I think Bob Rudd expressed my thoughts better than I, when he pointed out the prince kissing the toad turning into the toad analogy. I don't know enough about Armstrong to agree or disagree with him (James, care to share your thoughts, you said ACK was cheap?) but the sentiment hits home. Good luck, Axel