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Re: DavesDisposable post# 367

Tuesday, 04/03/2018 9:49:13 AM

Tuesday, April 03, 2018 9:49:13 AM

Post# of 440
I hear what you're saying. But the people who tell you that the stock will go down by the same amount are the same people who can't tell the difference between companies trading higher or lower than book value.

I own many companies that are trading below book value. And if they return capital then that doesn't mean the stock will go down by the same amount.
Alas, the market is stupid.

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