| User | Post |
|
11:56 pm
November 1, 2009
|
Jae Jun
| | |
| Admin
| posts 1336 |
|
|
Floris said:
Markets are short term oriented. The market runup is because people are expecting a quick recovery. This recession is due to a balance sheet problem of developed nations (britain and US). A value investor should know how important a balance sheet is.
Excellent. Couldn't have said it any better.
Markets are short term orientated. It doesn't look 2 steps ahead.
|
|
|
3:38 pm
October 30, 2009
|
Floris
| | Rotterdam, Netherlands | |
| Member | posts 30 |
|
|
Markets are short term oriented. The market runup is because people are expecting a quick recovery. This recession is due to a balance sheet problem of developed nations (britain and US). A value investor should know how important a balance sheet is. Temporary earnings problems can be easy to solve but a poor balance sheet is more difficult. The poor balance sheet is going to take a long time to solve and cause more headaches than people expect. Short term earnings focused investors will be suprised, and will sell off massively from time to time. This will creat opportunities for value investors.
my 2 cents.
Reg,
Floris
|
|
|
12:08 pm
October 29, 2009
|
compoundinglife
| | Seattle | |
| Member | posts 22 |
|
|
What Jae said. That is why confidence in your valuations of companies is key. It is what allows you weather the volatility. I bought LAB this week. I have yet to post a thesis on them but I feel they are currently undervalued by about %50 to their tangible book value. They are a market maker and institutional brokerage. They own $90 million worth of NYX stock that received for their specialist seat on the NYSE. Do your own research but I think under $3 they are a good buy.
|
|
|
7:48 pm
October 28, 2009
|
Jae Jun
| | |
| Admin
| posts 1336 |
|
|
Boy oh boy tell me about it.
MHH dropped about 16% on basically what I could consider great results. They strengthened their balance sheet and kept their profit making ways. They have never had a loss but compared to the previous year, it wasn't as good.
But that's just Wall Street.
So I bought more MHH today.
I missed selling SALM when it reached $4.
Use volatility as a tool my friend. If the intrinsic value is higher than the current price, try and ignore the drop or buy more.
|
|
|
6:25 pm
October 28, 2009
|
Shonen
| | New York | |
| Member | posts 15 |
|
|
A lot of stocks have been dropping over the last few days, some it seems have experience big declines over no news (ggwpq). A lot of stocks that are deemed as "uncertain/risky" appear to have decline quite a bit. Has anyone been entering some positions, either existing or new? Jae, what are your thoughts? I'm sure quite a few companies look more attractive at the moment.
|
|
Home
