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Re: nowayout post# 190629

Thursday, 03/26/2009 10:53:53 AM

Thursday, March 26, 2009 10:53:53 AM

Post# of 275618
well, i'm not good at poker.

i figure that if a company is growing and priced less than it's annual earnings and less than it's book value then, diversifying across 10 companies like that should yield 2 that go bankrupt and 8 that explode in value.

i like those odds, especially when the cash-total liabilities is greater than the market cap.

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