The Soapbox

RickPerry

Joined: 10/24/2017 Posts: 1693
Likes: 2864


I've been a value investor for a long time (including professionally)


but would advise you to be cautious, for a couple of reasons:

1) Paraphrasing Buffett: If a great management is in a difficult industry, the difficult industry wins
2) While the bailout may materialize, the terms are uncertain. No guarantee that a significant part of the value of any surviving entity will go to equity holders

(In response to this post by CharlestonSC)

Posted: 04/04/2020 at 1:05PM



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  Delete.** -- Shenhoo 04/04/2020 1:12PM
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