I will stop being a trader, to become a value investor

osorico · Nov 17, 2008

Quote from crgarcia:

Trading is not too predictable, and technical analysis doesn't work in the long run.

In the short term, stocks move randomly, but longer term, they reflect fundamentals.

So I'll stick to Value, the smart way to do it.

This means you must stop posting on eliteTRADER.

bu-bye

Osorico

Cutten · Nov 17, 2008

Quote from crgarcia:

Trading is not too predictable, and technical analysis doesn't work in the long run.

In the short term, stocks move randomly, but longer term, they reflect fundamentals.

So I'll stick to Value, the smart way to do it.

You might want to check out how well value investors did in 2008. It ain't pretty.

short&naked · Nov 17, 2008

Quote from oraclewizard77:

Tell that to Buffet who made $ billions. Look at MCD, if you bought low, you would still have made money not even including the dividends. Value investing works fine if you are sure the company will continue to have long term value. The problem with investing in some companies that they are fads or if they are technology company, something better comes out while they are asleep.

Yes, Buffet rode the post-WWII economic expansion. Right place, right time. So? You really think that value investing will beat index investing, especially if value investing carries with it the possibility of total loss?

shortie · Nov 17, 2008

value investment works best when combined with insider trading.

Red_Ink_inc · Nov 17, 2008

Quote from NeoRio1:

You sound more juvenile than my wife's third grade class.

I'm assuming she's the teacher and not a student?

Champion · Nov 17, 2008

Quote from crgarcia:

Trading is not too predictable, and technical analysis doesn't work in the long run.

In the short term, stocks move randomly, but longer term, they reflect fundamentals.

So I'll stick to Value, the smart way to do it.

You talk shit you loser.

StocksSniper · Nov 17, 2008

Quote from crgarcia:

Trading is not too predictable, and technical analysis doesn't work in the long run.

In the short term, stocks move randomly, but longer term, they reflect fundamentals.

So I'll stick to Value, the smart way to do it.

There are 1000s of ways to make money in the market. Whatever method is making you money, that is the right method for YOU...
I have my own method and it is making me more money than I need (I live modestly) and that is the right one for ME. Even if many are still saying it doesn't work...

Cutten · Nov 17, 2008

Quote from short&naked:

Yes, Buffet rode the post-WWII economic expansion. Right place, right time. So? You really think that value investing will beat index investing, especially if value investing carries with it the possibility of total loss?

He did very nicely in the 1966-1982 non-expansion as well. Was up in 1973 and 1974, when the S&P tanked 45%.

Right place - Omaha, Nebraska?

Right time - for 50 years?

You are clueless.

short&naked · Nov 17, 2008

Quote from Cutten:

He did very nicely in the 1966-1982 non-expansion as well. Was up in 1973 and 1974, when the S&P tanked 45%.

Right place - Omaha, Nebraska?

Right time - for 50 years?

You are clueless.

This ain't the 60s, buddy.

How has he doing since 2000? Not that well. Why? Because in a liquidity bubble stocks prices have nothing to do with fundamentals.

oraclewizard77 · Nov 17, 2008

If you look at the chart of the B shares, in the 1st month of the year 2000, it was 1500, now in 2008 it is still over 3000 so if you bought in Jan of 2000, you would have made over a 100% return by holding for over 5 years. Not too bad.