Festivus- Value Investing Edition

[eclecticvalue]

Hi guys,

 

    It is the end of the year. And I wanted to celebrate the year by airing out our grievances. So let it be known.

 

  Happy Festivus!  :)

[ourkid8]

This is a very sacred holiday and traditions are important!!! Please read up on the rules prior to airing our grievances!

 

http://festivusweb.com/festivus-rules.htm

 

Hi guys,

 

    It is the end of the year. And I wanted to celebrate the year by airing out our grievances. So let it be known.

 

  Happy Festivus!  :)

[investor-man]

If any of you have left me a voicemail, then I'm quite disappointed in you. Please stop. I don't want to listen to it. Also on a whim I decided to follow ERICOPOLY into VRX for only one mere day, and lost 10% of my money. Very disappointing ERICOPOLY.

[Jurgis]

Rules, we don't need no stinkin' rules!

 

Wishing everyone kvetching Festivus or something like that! Dance yourself a wall.

 

[DooDiligence]

Tony Robbins will produce a Festivus miracle.

 

He & the president elect get trapped togeather in an elevator & Robbins hypnotizes Trump.

 

Trump emerges from the elevator a chubby chaser.

 

Weight watchers gets shorted into oblivion & Chinese buffets in North America see significant increases in volume (my NVO investment pays off!)

 

Thank you Tony Robbins!!!

[eclecticvalue]

Since we don't have many grievances. I decided to tell some of my own.

 

Macrotourists- Stop being one of them. You are not George Soros. You should stick with valuing companies instead of economies.

 

 

Value Pretenders- You need to move on from value investing and move into low-cost index funds already. Stop coat tailing other investors ideas and do your own due diligence if you want to be a Value Investor.

[DooDiligence]

Since we don't have many grievances. I decided to tell some of my own.

 

Macrotourists- Stop being one of them. You are not George Soros. You should stick with valuing companies instead of economies.

 

 

Value Pretenders- You need to move on from value investing and move into low-cost index funds already. Stop coat tailing other investors ideas and do your own due diligence if you want to be a Value Investor.

 

Agreed on macro (I read an interesting observation recently where this guy said if you go on vacation & mostly take photos of yourself then you're a tourist & if you mostly take pictures of the places you're visiting then you're a traveller...)

 

On being a VP (partially done in sectors, never done because they have too many hidden moves I can't copy, done or at least my amateur version...)

 

I'm not quantitatively sophisticated enough for deep dive, sum of the parts, stuff but I do believe that I can spot quality (whatever that means) & have a reasonable amount of restraint so that I don't buy when CNBC, Morningstar, Value Line or whoever, whips an issue into a frenzy.

 

Here's to scratching where we all itch!