We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Clarke who wrote (889)4/21/1997 12:50:00 AM
From: Michael Burry   of 75438
Hi Jim,

I agree with everything you just said, esp re: Intel
and MSFT. Re: the net-net, it is certainly interesting, isn't it? I believe Graham bought a huge basket (100's) of them. Additionally, the market was depressed so a higher percentage of the NN's
were just misunderstood. In this market, a net-net would carry more risk, I would think, because it is less likely to be overlooked and more likely to be really in trouble. Also, I can't find hundreds to
diversify and lessen my risk. But it's a situation I would
watch. When this same company came out of bankruptcy in 1991,
it rocketed 10-fold.

Good investing,
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext