Value Investing Scion Asset Management files 13D for $TLRD |
- Scion Asset Management files 13D for $TLRD
- Deep Dive into the General Electric-Markopolos Case: The Baker Hughes Accounting
- Warren Buffett on (Not) Following the Crowd Off the Cliff
- Companies Securitize Everything as Investors Reach for Yield
| Scion Asset Management files 13D for $TLRD Posted: 30 Aug 2019 01:51 PM PDT |
| Deep Dive into the General Electric-Markopolos Case: The Baker Hughes Accounting Posted: 31 Aug 2019 01:34 AM PDT |
| Warren Buffett on (Not) Following the Crowd Off the Cliff Posted: 30 Aug 2019 05:33 AM PDT Warren Buffett: It is like not buying internet stocks in the late 1990s. All around you, you have these people who have high IQs, and they are doing it and they are being successful. So everybody from your spouse, to your employer, to the press says: "How come you think you are so smart in avoiding this when everybody else is doing it and they are making a lot of money?" And of course it creates this social proof where it works for a while. That's the great danger period in all of these bubbles. What starts out with scepticism ends up with your neighbor getting richer than you are because he went along with it and you didn't. That sort of thing, the bandwagon effect, is very hard to resist. But we dont have any pressures to do that sort of thing. We just don't give a damn. We don't necessarily think we are smarter than the other person on that, we just don't understand what it is all about. If they can make a lot of money doing that sort of thing, we are not envious of them and we are just not going to do it. [link] [comments]  |
| Companies Securitize Everything as Investors Reach for Yield Posted: 30 Aug 2019 06:02 AM PDT |
| You are subscribed to email updates from Value Investing. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment