Posted by stockmanmy > 2017-04-14 09:00 | Report Abuse

B Graham and Value investors very popular around here , isn't it.?

I suppose we can all put the financial information in a spread sheet, apply a magic formula, and puff, out comes the answer...............and wait, and wait and wait for the magic formula to work its magic.

But B Graham died a long time ago, even before there is the internet.

Nobody dreams of using a horse carriage travelling to work, but people don't mind being suckered...if it is about a possibility for some money.

On stock picking, if I am to recommend one guru, one tip, it would have to be William O Neal and his CANSLIM....go google it your self

On the objective of all good strategies........don't get killed if wrong, makes a killing when right. If you can do that, you can be rich as KYY.

All chemical reactions need a catalyst. Have you got a catalyst? How strong is the catalyst? Is it reliable, dependable? Got a sponsor/ sponsors?

I will end this with 3 quotes from him..................


Quotes

"Since the market tends to go in the opposite direction of what the majority of people think, I would say 95% of all these people you hear on TV shows are giving you their personal opinion. And personal opinions are almost always worthless … facts and markets are far more reliable."

"The whole secret to winning and losing in the stock market is to lose the least amount possible when you're not right."

"What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower."

Posted by stockmanmy > 2017-04-14 09:19 | Report Abuse

"what seems low and cheap generally goes lower."

Too bad for all the new students of Value Investing. You are going about it the wrong way.

Posted by stockraider > 2017-04-14 09:28 |

Post removed.Why?

Posted by stockmanmy > 2017-04-14 10:32 | Report Abuse

raid is plain silly or blind or both.

Posted by stockmanmy > 2017-04-14 10:53 | Report Abuse

yesterday 700 down, today 800 down, if it appears cheap to the majority....its probably baloney.

what appears cheap will go cheaper.

Posted by stockmanmy > 2017-04-14 11:09 | Report Abuse

"Since the market tends to go in the opposite direction of what the majority of people think, I would say 95% of all these people you hear on TV shows are giving you their personal opinion. And personal opinions are almost always worthless"

what is opinion is probably baloney.

The thing that is reliable is market action and what the market tells you.

Posted by derrick8228 > 2017-04-24 14:56 | Report Abuse

after finish read this *This is how the stock market works! A cold winter!* I only realized I'am one of the Red Indians too.

Posted by Surewin123 > 2017-04-24 16:34 | Report Abuse

haha, me too. funny Red Indians.