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Old 11-20-2008, 02:44 PM   #550
Phanuthier
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Join Date: Feb 2002
Location: Silicon Valley
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Always enjoy your insignt Claeren, just as I enjoy MoneyGuy's and Slava's. I like to see a balance of arguments from all sides and perspectives, and make my own call in the end. You're like their arch nemisis.

I have to admit, I bought a bit in Sept and some yesterday, so I've lost a few hundrea $. No biggie though, I don't really concern myself with being a trader and timing the market. I paid discounted (or at least, fair) prices for good quality companies that have short and long term historical profitability with strong management, deep pockets to ride out the recession. As the smarter investor says, its better to pay fair price for a good company rather then a good price for a fair company. (Unless Ford falls below 20 cents, then I'll give Ford a roll lol)
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