To: Michael Burry who wrote (808 ) 12/27/1998 3:00:00 PM From: Chuzzlewit Read Replies (1) | Respond to
Mike, I don't think you need to spot individual winners in every case, or even the majority of cases. That is the rationale for holding basket of stocks. So your comment about consistency is off base when it comes to these companies.But I don't see how the individual investor can know what is necessary to know in growth stocks in a rabid bull. Isn't that why you are on SI? If you look at thread of companies like CSCO and COMS and ASND you will find many engineers who are very familiar with the products (warts and all) who are more than willing to share their insights with those of us (like myself) who are technologically challenged. You can also get a lot of intelligence that the average passive investor cannot get. For example, on the Seagate thread it became apparent that there was trouble ahead when some posters were reporting that Asian plants were decreasing their shifts and "temporarily" closing plants. That was a harbinger of the official acknowledgement by dd mfg companies that there was a glut of product.
