tag:blogger.com,1999:blog-5389144729834496735.post4642026846530770009..comments2024-03-17T05:15:55.634-04:00Comments on The Brooklyn Investor: DF Spinoff, Mr. Market, When to Sell etc.Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5389144729834496735.post-17535775347838209212012-09-11T19:07:08.176-04:002012-09-11T19:07:08.176-04:00Hi, I haven't read K's book, but I have my...Hi, I haven't read K's book, but I have my doubts about an investment technique tailored for a certain market condition. If we know what the market condition is going to be, it would be easy to make money. One might have concluded in the late 1970s that the market is a side-trending one (just in time for it to change!). This is not to say that the market will take off soon now like in the 80s. <br /><br />But one should always be wary of different approaches for different market environments. The Superinvestors I always talk about and Buffett has done really well over the years and it's important to think about how they did that. Did they do one thing in bull markets and then something else in sideways markets and then something else in bear markets? Is that really how they made their money? <br /><br />Show me someone with a good, documented long term track record that applied the different approaches at the right times in the right kind of market environment. I bet you won't find anyone. <br /><br />This is not to say that you should just jump into the markets either. If you don't understand the business and whatnot, and would be worried that the market will be flat for the next ten years, then maybe one shouldn't be in stocks at all.<br /><br />Anyway, the reason why I advocate so much what I do is because there is extensively documented proof that value investing done well does work over time. <br /><br />When one tries too much to fit their strategy to current market conditions, there are all sorts of other risks that come into play (remember those hedge funds that promised 1%/month? Those are long gone). <br /><br />That's my take... kkhttps://www.blogger.com/profile/06299974418283948333noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-71093406130250507352012-09-11T17:22:27.077-04:002012-09-11T17:22:27.077-04:00I've been thinking about "When to Buy&quo...I've been thinking about "When to Buy" lately - torn between buying more of some things that I like, and continuing to wait for an "air pocket". I've continued thumb-sucking because of Katsenelson's (among others) idea of sideways markets, which end with very low valuations. Do you have any thoughts on this theory?LolTradezhttp://loltradez.tumblr.comnoreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-20635709610483870302012-09-11T15:00:02.560-04:002012-09-11T15:00:02.560-04:00very interesting conversation, i specially like th...very interesting conversation, i specially like the one you overheard at the book store..hah.Kedarspecialsituationsinvestinghttps://www.blogger.com/profile/14458100958000357320noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-7909667067821117742012-09-11T14:12:44.859-04:002012-09-11T14:12:44.859-04:00Hi, at this point everything is on scraps of paper...Hi, at this point everything is on scraps of paper here and there and I haven't even really inputted anything anywhere so I don't know if there is much to share. If you have something simple put together you can send it to me or we can discuss it over email. I will email you.kkhttps://www.blogger.com/profile/06299974418283948333noreply@blogger.comtag:blogger.com,1999:blog-5389144729834496735.post-64236182095151743712012-09-11T13:40:11.096-04:002012-09-11T13:40:11.096-04:00Interesting. Are you willing to share your work o...Interesting. Are you willing to share your work on DF? I was also looking into this. I can share my work with you. daneskola@gmail.comAnonymoushttps://www.blogger.com/profile/09162348852444852529noreply@blogger.com