Comments on: Fishing For Profits http://www.fwallstreet.com/article/56-fishing-for-profits/ 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/56-fishing-for-profits/#comment-261 Joe Ponzio Wed, 12 Sep 2007 11:47:36 +0000 http://www.fwallstreet.com/article/56-fishing-for-profits#comment-261 Excellent analogy and so true. Control what you can. The angler can't force the fish to bite; we can't control the markets. Still, we can all put ourselves into position - moreso than the angler that blindly casts or the investor that blindly invests in stocks or mutual funds. Thanks for that TW! Excellent analogy and so true. Control what you can. The angler can’t force the fish to bite; we can’t control the markets. Still, we can all put ourselves into position – moreso than the angler that blindly casts or the investor that blindly invests in stocks or mutual funds.

Thanks for that TW!

]]> By: TW http://www.fwallstreet.com/article/56-fishing-for-profits/#comment-258 TW Wed, 12 Sep 2007 10:17:22 +0000 http://www.fwallstreet.com/article/56-fishing-for-profits#comment-258 I had a conversation with a fellow (value) investor about bass fishing and investing, a little different from yours but here it goes... Bass fishing is 80% finding where the fish is and value investing is 80% finding which type of company have competitive advantage hence profitable. For professional bass angler, 80% lies on do your homework b 4 hand (study the lake, river, time of the year, weather...) and the rest is patient and luck, for value investor, 80% of your time & energy is to study the company and the rest is waiting Mr. Market to give you a good pitch. my 2 cents. I had a conversation with a fellow (value) investor about bass fishing and investing, a little different from yours but here it goes…

Bass fishing is 80% finding where the fish is and value investing is 80% finding which type of company have competitive advantage hence profitable. For professional bass angler, 80% lies on do your homework b 4 hand (study the lake, river, time of the year, weather…) and the rest is patient and luck, for value investor, 80% of your time & energy is to study the company and the rest is waiting Mr. Market to give you a good pitch.

my 2 cents.

]]> By: Joe Ponzio http://www.fwallstreet.com/article/56-fishing-for-profits/#comment-249 Joe Ponzio Tue, 11 Sep 2007 04:43:22 +0000 http://www.fwallstreet.com/article/56-fishing-for-profits#comment-249 Justin: Thanks! I knew there had to be a politically correct way to say fisherman/fisherwoman. Pete: Thanks as well! At times I feel like I post because I have to - not because I have something good. In those cases, I'll skip the day or post something short. I just want to make sure that the blogging remains fun so I can keep the style of F Wall Street the same. I've seen a ton of bloggers who have turned pessimistic/angry or gave up because they forgot why they started in the first place. Justin: Thanks! I knew there had to be a politically correct way to say fisherman/fisherwoman.

Pete: Thanks as well! At times I feel like I post because I have to – not because I have something good. In those cases, I’ll skip the day or post something short. I just want to make sure that the blogging remains fun so I can keep the style of F Wall Street the same. I’ve seen a ton of bloggers who have turned pessimistic/angry or gave up because they forgot why they started in the first place.

]]> By: petekoch http://www.fwallstreet.com/article/56-fishing-for-profits/#comment-245 petekoch Mon, 10 Sep 2007 08:11:52 +0000 http://www.fwallstreet.com/article/56-fishing-for-profits#comment-245 Better quality posts? I haven't seen anything wrong with the quality of your posts so far. Better quality posts? I haven’t seen anything wrong with the quality of your posts so far.

]]> By: Justin http://www.fwallstreet.com/article/56-fishing-for-profits/#comment-244 Justin Mon, 10 Sep 2007 07:53:52 +0000 http://www.fwallstreet.com/article/56-fishing-for-profits#comment-244 I think the word you were searching for with "fisher" is "angler." Welcome back, Justin I think the word you were searching for with “fisher” is “angler.” Welcome back,

Justin

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