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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?


To: Freedom Fighter who wrote (1189)2/4/1999 6:46:00 PM
From: yard_man  Respond to of 1722
 
amen to that ...



To: Freedom Fighter who wrote (1189)2/4/1999 9:32:00 PM
From: porcupine --''''>  Read Replies (1) | Respond to of 1722
 
It is a curious paradox that Graham was so much more open-minded and intellectually curious than many of his followers.

I liked Laszlo Birinyi when he was a Fundy, and I still like him even though his approach has changed. I highly recommend his autobiography, Confessions of a Stock Broker.

I don't want to give too much away. But, let's just say that his formative experience was not a sojourn at an Ivy League business school. Rather, it was as an inmate in a Nazi labor camp who was about to be deported to a death camp. As if one such narrow escape were not enough, he subsequently escaped from Communism.

He arrived on these shores a dishwasher in a restaurant living in public housing in Harlem, NYC. The rest, as they say, is history.

In other words, this is no 27-year-old who has never seen a Bear Market. He has seen that -- and much, much worse. Nevertheless, he has not only survived, he has prospered mightily. IMO, a little more respect is in order here.