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bradford86

03/26/09 10:53 AM

#190654 RE: nowayout #190629

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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bird_splitter

03/26/09 10:58 AM

#190655 RE: nowayout #190629

He's just barely old enough to get into the tournaments:)