Comments on: I Say: Let Them Crash http://www.fwallstreet.com/article/47-i-say-let-them-crash/ Value Investing Blog Mon, 16 May 2011 10:55:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Joe Ponzio http://www.fwallstreet.com/article/47-i-say-let-them-crash/#comment-187 Joe Ponzio Wed, 22 Aug 2007 19:17:57 +0000 http://www.fwallstreet.com/article/47-i-say-let-them-crash#comment-187 Don't ever worry about missing the boat - another one is right around the corner. Besides, no matter what the markets do, a single stock can trade widly above or below its intrinsic value. There will always be opportunities. In the end, you are better off sitting in cash at 5% for two years and then investing at 15% or more than throwing money in to "get it working" and end up with an 8% return. Don’t ever worry about missing the boat – another one is right around the corner. Besides, no matter what the markets do, a single stock can trade widly above or below its intrinsic value. There will always be opportunities.

In the end, you are better off sitting in cash at 5% for two years and then investing at 15% or more than throwing money in to “get it working” and end up with an 8% return.

]]> By: jlty http://www.fwallstreet.com/article/47-i-say-let-them-crash/#comment-184 jlty Wed, 22 Aug 2007 16:19:51 +0000 http://www.fwallstreet.com/article/47-i-say-let-them-crash#comment-184 I have been reading your blog faithfully. I learn a lot from your blog, thanks. Yes, let them crash, so that we can get in to pick up something on sales. But the market is rebounding now, I think I have missed the boat. Probably there are still some gems left over. I have been reading your blog faithfully. I learn a lot from your blog, thanks. Yes, let them crash, so that we can get in to pick up something on sales. But the market is rebounding now, I think I have missed the boat. Probably there are still some gems left over.

]]> By: Joe Ponzio http://www.fwallstreet.com/article/47-i-say-let-them-crash/#comment-174 Joe Ponzio Mon, 20 Aug 2007 10:00:56 +0000 http://www.fwallstreet.com/article/47-i-say-let-them-crash#comment-174 Amen to that. Something needs to be done about 401k plans. A study by DALBAR showed that, from 1984-2004, the average 401k investor earned an average annual return of just 3.5% while the S&P 500 averaged nearly 13% during the same time. I assume the rest of peoples' "growth" was actually contributions and employer matches. TW - Thanks for tomorrow's topic! Amen to that. Something needs to be done about 401k plans. A study by DALBAR showed that, from 1984-2004, the average 401k investor earned an average annual return of just 3.5% while the S&P 500 averaged nearly 13% during the same time. I assume the rest of peoples’ “growth” was actually contributions and employer matches.

TW – Thanks for tomorrow’s topic!

]]> By: TW http://www.fwallstreet.com/article/47-i-say-let-them-crash/#comment-172 TW Mon, 20 Aug 2007 09:08:56 +0000 http://www.fwallstreet.com/article/47-i-say-let-them-crash#comment-172 Well said. As you said "Most Investors Are Lemmings" - I would add "Most Mutual Fund Managers are Lemmings", with majority of US 401K are invested in MF, with all the SEC rules was set on what MF can own, how much they can own, how 'diversify' they should be. It's like what Mr. Munger said - "one legged man in a ass kicking contest.". The scary part is a lot of hard working people have only 401K for their retirement. Well said. As you said “Most Investors Are Lemmings” – I would add “Most Mutual Fund Managers are Lemmings”, with majority of US 401K are invested in MF, with all the SEC rules was set on what MF can own, how much they can own, how ‘diversify’ they should be. It’s like what Mr. Munger said – “one legged man in a ass kicking contest.”. The scary part is a lot of hard working people have only 401K for their retirement.

]]>