Great Bull or Bulls--t

dogcom · 10-25-2009, 08:36 PM

Since the March lows do you think we have entered the next bull market. I think other then gold we are just sucking up money from the sidelines and such to send the market higher. I don't think earnings are good enough to keep a good bull market going.

We will see new lows in the future lower then they were in March which will give us another great buying opportunity.

resource investor · 10-25-2009, 09:00 PM

I think everybody spends too much time worrying if this is a bull market or not. If you buy a dividend paying company that is growing in a sector with favourable fundamentals, how can you go wrong? Even if you overpay for the stock, the company may grow into the over-valuation.

That is why I like growth not value. With value, if you overpay, you are dead man walking. Just my two cents.

Rickson9 · 10-25-2009, 09:58 PM

"Market commentators and investment managers who glibly refer to growth and value styles as contrasting approaches to investment are displaying their ignorance, not their sophistication."
- Warren Buffett, 2000 Letter to Shareholders

resource investor · 10-25-2009, 10:26 PM

In Your Face Rickson...

"We think diversification, as practiced generally, makes very little sense for anyone who knows what they're doing. Diversification serves as protection against ignorance.” - Warren Buffett

Uh, Warren Buffett is so 1980's.

resource investor · 10-25-2009, 10:36 PM

Buffett's Berkshire Hathaway in the last 3 years has returned 0%. Enough said.

mogul777 · 10-26-2009, 01:41 AM

Quote:

Originally Posted by resource investor

Buffett's Berkshire Hathaway in the last 3 years has returned 0%. Enough said.

Uh, one the above quotes say pretty much the same thing. Two 0% is much better than the over 20% loss for the S&P 500 over those same three years.

Ironically I'm not a huge Buffett fan either.

msimms · 10-26-2009, 02:28 AM

Quote:

Originally Posted by resource investor

I think everybody spends too much time worrying if this is a bull market or not. If you buy a dividend paying company that is growing in a sector with favourable fundamentals, how can you go wrong? Even if you overpay for the stock, the company may grow into the over-valuation.

That is why I like growth not value. With value, if you overpay, you are dead man walking. Just my two cents.

I think any growth stock selling cheap has a lot of value in it.

And there are still cheap growth stocks out there.

dogcom · 10-26-2009, 07:11 AM

I am not really a value investor either but I think in a market like this you have to be careful and get a good price when you buy. If we were in a long bull market like 1982-2000 then you can just buy and hold and not worry so much about over-valuation. I believe however that we are in a market more like the 1970's where you would get big market declines and great market rallies that rewarded those who waited and paid a low price.

If I were to buy something right now I would consider buying FTS-T or maybe SC-T after I had looked into it some more.

Oldroe · 10-26-2009, 08:48 AM

I laugh ever time I heard that 0% in the last 3 years. It's just talking head crap on TV to get people scared.

Rickson9 · 10-26-2009, 09:45 AM

Quote:

Originally Posted by resource investor

Buffett's Berkshire Hathaway in the last 3 years has returned 0%. Enough said.

3 years. LOL!

Oh noes! The DOW has returned 0% of the last decade! Avoid stocks! Invest in a good mattress!

10-25-2009, 08:36 PM	#1
dogcom Senior Member Join Date: May 2009 Posts: 281	Great Bull or Bulls--t Since the March lows do you think we have entered the next bull market. I think other then gold we are just sucking up money from the sidelines and such to send the market higher. I don't think earnings are good enough to keep a good bull market going. We will see new lows in the future lower then they were in March which will give us another great buying opportunity.

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10-25-2009, 09:00 PM	#2
resource investor Junior Member Join Date: Aug 2009 Posts: 24	I think everybody spends too much time worrying if this is a bull market or not. If you buy a dividend paying company that is growing in a sector with favourable fundamentals, how can you go wrong? Even if you overpay for the stock, the company may grow into the over-valuation. That is why I like growth not value. With value, if you overpay, you are dead man walking. Just my two cents.

10-25-2009, 09:58 PM	#3
Rickson9 Banned Join Date: Apr 2009 Location: Mississauga, Ontario Posts: 702	"Market commentators and investment managers who glibly refer to growth and value styles as contrasting approaches to investment are displaying their ignorance, not their sophistication." - Warren Buffett, 2000 Letter to Shareholders

10-25-2009, 10:26 PM	#4
resource investor Junior Member Join Date: Aug 2009 Posts: 24	In Your Face Rickson... "We think diversification, as practiced generally, makes very little sense for anyone who knows what they're doing. Diversification serves as protection against ignorance.” - Warren Buffett Uh, Warren Buffett is so 1980's.

10-25-2009, 10:36 PM	#5
resource investor Junior Member Join Date: Aug 2009 Posts: 24	Buffett's Berkshire Hathaway in the last 3 years has returned 0%. Enough said.

10-26-2009, 07:11 AM	#8
dogcom Senior Member Join Date: May 2009 Posts: 281	I am not really a value investor either but I think in a market like this you have to be careful and get a good price when you buy. If we were in a long bull market like 1982-2000 then you can just buy and hold and not worry so much about over-valuation. I believe however that we are in a market more like the 1970's where you would get big market declines and great market rallies that rewarded those who waited and paid a low price. If I were to buy something right now I would consider buying FTS-T or maybe SC-T after I had looked into it some more.

10-26-2009, 08:48 AM	#9
Oldroe Senior Member Join Date: Sep 2009 Location: Ont. Posts: 168	I laugh ever time I heard that 0% in the last 3 years. It's just talking head crap on TV to get people scared.