Posted by: beautifool April 20, 2014
Seth Klarman Says Markets Are Too Bubbly
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I am not a value investor as I used to claim. I guess we change from experience. Nothing wrong on that but change must be positive for you to find peace. And also do my own stock picking- not sure why I said only the other way last night. One of my favorite friend who has years of experience bought ERII on my recommendation. He bought 4k shares for 4.85 per share. It is a water technology company. And they have energy conservation products. The products can help conserve a lot of energy in places where you require a lot of energy as your operating cost. So, they may do well, I told him and he bought. But I myself did not because there is a "may do well" attachment. He recently made 4 times with peix so he had no fear to give it a try. I was fine with JVA and eagerly awaiting for the quatarly result of ERII - hope he does well. If the company generates substantial cash flow and revenue growth, this company will become a billion dollar company within 5 years...Because their product is useful. I guess let's continue to share ideas. Does not mean ideas will work out well. Just use it as opinion. Because getting in and getting out...that is the most difficult part and once you're in, you're locked until you're out..you never know what's in the box of chocolate kind of a deal..this is what i find. sometime you get chocolate as profit and sometime you get slap as loss. lol. but i have seen disagreements among other people too. anyway, change of topic..le bron james made an awesome investment buying some shares of liverpool football club few years ago. he must have bought those shares for very cheap because it was during the middle of recession and now liverpool is back. warren buffett was le bron jamen's financial advisor. old man knows a lot of ways to make money for his clients- mainly himself.
Last edited: 20-Apr-14 08:00 PM
Last edited: 20-Apr-14 08:44 PM
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