Corner of Berkshire & Fairfax Message Board

General Category => General Discussion => Topic started by: eclecticvalue on December 23, 2016, 10:52:47 AM

Title: Festivus- Value Investing Edition
Post by: eclecticvalue on December 23, 2016, 10:52:47 AM
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!  :)
Title: Re: Festivus- Value Investing Edition
Post by: ourkid8 on December 23, 2016, 11:23:23 AM
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!  :)
Title: Re: Festivus- Value Investing Edition
Post by: investor-man on December 23, 2016, 12:08:10 PM
(https://upload.wikimedia.org/wikipedia/commons/thumb/7/79/Festivus_Pole.jpg/120px-Festivus_Pole.jpg)
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.
Title: Re: Festivus- Value Investing Edition
Post by: Jurgis on December 23, 2016, 12:28:34 PM
Rules, we don't need no stinkin' rules!

Wishing everyone kvetching Festivus or something like that! Dance yourself a wall.
Title: Re: Festivus- Value Investing Edition
Post by: DooDiligence on December 24, 2016, 12:24:11 AM
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!!!
Title: Re: Festivus- Value Investing Edition
Post by: eclecticvalue on December 24, 2016, 10:47:34 AM
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.
Title: Re: Festivus- Value Investing Edition
Post by: DooDiligence on December 24, 2016, 09:28:17 PM
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!