Value Investors: 2 very different lessons to learn

[IHateMyJob2004]

http://link.brightcove.com/ser...45226&bctid=1593363842

Three people being interviewed all at once.
The important people are Bruce Berkowitz and Prof. Micheal Moses (an art investor).

Also, some third person named Marty Princeton (sp?) was talking about bonds. He is not important.

Well, if you followed this link, you probably know who Bruce Berkowitz is. Just think genious value investor. This guy knows how to value a business. Then you get an art expert. It is hilarious. His argument is what I call greater fool theory.

Well, if you don't atleast giggle when watching the video you are not a true investor. This video in one quick swoop shows the difference between investing and speculating.B]

 

[vulcanman]

Hehe ... zero replies ! figures, you must be at a different wavelength than most of us here !

Anyways ... FAIRX is a huge portion of my IRA portfolio.

 

[vulcanman]

Your link did not work ... perhaps my PC security posture does not allow access to it.

 

[Delita]

Another great value investor whos articles I think to read is Seth Klarman.

EDIT: Link to a speach he made to MIT. (.pdf)

 

[IHateMyJob2004]

Seth Klarman, very good choice. Everyone should read his book, "Margin of Safety". It's available used at Amazon. Another joke few will get unless they actually go look up the book at Amazon.

The link should work. I'll give it a try again tonight.

 

[LegendKiller]

Originally posted by: IHateMyJob2004
Seth Klarman, very good choice. Everyone should read his book, "Margin of Safety". It's available used at Amazon. Another joke few will get unless they actually go look up the book at Amazon.

The link should work. I'll give it a try again tonight.

I have a copy bought at a used book store far below the Amazon price. Pretty good book.

 

[IHateMyJob2004]

Originally posted by: LegendKiller

Originally posted by: IHateMyJob2004
Seth Klarman, very good choice. Everyone should read his book, "Margin of Safety". It's available used at Amazon. Another joke few will get unless they actually go look up the book at Amazon.

The link should work. I'll give it a try again tonight.

I have a copy bought at a used book store far below the Amazon price. Pretty good book.

Holy crap, you got lucky and I am very jealous.