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 Strategies & Market Trends : Value Investing

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To: Suma who wrote (46578)2/14/2012 9:59:42 AM
From: Spekulatius2 Recommendations  Read Replies (2) of 51580
 
>>Jva and SWSH have gone belly up for me as I bought much high than you I suppose. Do you still have them ?<<

You held them? They are trading Sardines, not investments.

A story from WW2 aftermath in Germany, told by Andre Kostolany: During the WW2 aftermath, when black market trading was rampant, a dealer offered another black market guy a truck load of tuna cans. The black market guy opened a few cans to check the goods, noticed that the tuna has gone bad and confronted the dealer.

The dealer said: "Who cares if they are bad or not, they are for trading, not for eating!"

Interesting parable, might even be true <g>.
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