View Single Post
  #4  
Old 12-13-2005, 03:43 AM
Guest
 
Posts: n/a
Default Re: Buy Good Value and/or What Other People will Like?

I'd rather buy what people like. They might never like your "value" stock. It won't go up if people don't buy it. You can never be sure of what "good value" is anyway. Companies lie all the time. Or they have an inflated perception of the worth of their product or patent or whatever. I don't see anything wrong with lots of buying and selling anyway. You don't get your profit until you close the trade. How does Walmart make their billions? Churn and burn, baby. The less time the product spends in the store, the more money they make.
Reply With Quote