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.

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

To: Ilaine who wrote (33599)	10/8/1998 10:23:00 PM
From: Knighty Tin	Respond to of 132070

CB, Only one theory works: do serious research and find out what is going on with a company and what its future looks like. Then, use a good valuation model and figure out whether or not the stock price is fair, overvalued or undervalued. Buy a diversified list of those that look undervalued. If you don't want to do that much work, hire somebody who follows that philosophy. And good luck finding one in this market that has rewarded fund managers for being stupid. Warren Buffett said it best: "I do so well because an entire generation of professional investors believes there is nothing to be gained by knowing anything about a company or how its stock should be valued." Or something like that. Of course, he held on to a bunch of crap at the top. -g- MB MB