Forum Archive Index - May 2002

["Phil Boeyen" <pboeyen@sharechat.co.nz>]

Hugh

Although Buffett may not use charts per se, he does - from what I
understand - work out a value for a company and when that price is reached,
he buys in.

I find it hard to imagine that he doesn't have some kind of alert system
which would inform him whether a particular share is heading towards a price
which he would consider good value i.e. some kind of chart.  In this way he
would naturally be ready to pounce/do a deal when the share hits his value
range.

However I have not read anything specific about this.  Perhaps someone else
who has studied value investing in a little more detail can enlighten?

Cheers, Phil

----- Original Message -----
From: "hugh webber" <hugh.webber@clear.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Tuesday, May 07, 2002 6:58 AM
Subject: Re: Re: Re: [sharechat] AUO Chart/Phaedrus


> I'm laughing. Warren Buffett doesn't use charts, neither does Ron
Brierley.
> A fundamentalist spots opportunities from analysis of the data without
needing
> to change it into charts first and descend into crypto-religious mumblings
about
> wedge shapes and head and shoulders and candlesticks.
> But don't let me spoil your fun ;-)
>
> ----------
> From: Capitalist <capitalist@paradise.net.nz>
> To: sharechat@sharechat.co.nz
> Subject: Re: Re: Re: [sharechat] AUO Chart/Phaedrus
> Date: Monday, 6 May 2002 20:55
>
> Gerry said:
>
> >It does show fundamental investors need to read Charts together with the
supplied data. Not to do
> so >may lead to wrong conclusions and cost money: you could have been put
off by a Chart of  what
> could >be a splendid investment.
>
> I beg to differ. No true fundametalist would be put off by a chart.
>
> Phaedrus said:
>
> > what I have presented is indeed an oversimplification of what is a
> >complex situation. I would argue that this is true of any chart...
>
> This is sophist argument ie my chart provided all the information, you all
are just too dumb-ass to
> be able to interpret it. Yeah right.
>
>
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