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[sharechat] Warehouse Woes

From:	prhughes@value.net.nz
Date:	Sun, 4 May 2003 07:51:50 +1200

McDunk

I thought by now you would have worked out that people like 
Snoopy operate a little different from many other investors, in that 
they work out what a company is worth and when that price level is 
reached they buy. Value investors only comprise a small proportion 
of the whole and probably explains why they are successful.

We others often buy on impulse and sometimes suffer for it.We 
enjoy the thrill of a good gain now and then and of course forget the 
losses. Bit like a fisherman.

Patience is a virtue. Phaedrus is of a similar mould but works in a 
slighty different way. His comment and chart on WHS would to me 
be very interesting. I have done my own conclusions, but would be 
great to compare and test my conclusions.

Regards

Bill

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