Comstock Inc (LODE)

[TMLonggun]

I am not sure if that is sarcasm or not. But I did look through your link, and I am aware of all the funds in CMI and most of them are speculative gold funds. Berkshire Hathaway and any low p/e generalist value investors appear to be absent. I can tell at a glance that these aren't value investors because I looked through their portfolios and found that they are almost fully invested right now at all time market highs and many of their stocks are very high P/E or have no earnings whatsoever. These guys are gamblers, not value investors - regardless of what they call themselves or the mantle they wear. I have no doubt every other gambler and money manager considers themselves a value investor but their actions speak louder than words. Just like Buffet's "There is no inflation, don't worry." message to the public while he moved a huge percentage of his assets into railways and inflation proof assets. Deeds > words.

There is also nothing wrong with including lode as a speculative stock in pretty much any type of portfolio as long as it isn't labelled as "low risk" or "value investing," because it's not, at least not yet. I'd love for lode to become undervalued by traditional metrics and if/when it does I will be here pounding the table and probably repurchasing many of the shares I sold.

If you want I'll find you a copy of Ben Graham's book; it is one of those books with a disproportionate impact. A few hours can really change your life and make you a more intelligent investor. It helped me take the emotions out of investing and hugely improved my performance as both a speculator and an investor. It helps to not confuse the two.

Here's a free link to the book.
http://www.fxf1.com/english-books/The%20Intelligent%20Investor%20-%20BENJAMIN%20GRAHAM.pdf

Anyway good luck in your investing and your speculating.

Take care.