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<p>[QUOTE=&quot;Cloudsweeper99, post: 1161659, member: 3011&quot;]You are exposing your lack of knowledge for all to see.&nbsp; Value investing is about pricing, not timing.&nbsp; Even rookie investors know that.&nbsp; Buffett used to tell the story of his purchase of Washington Post common stock.&nbsp; The entire company was selling for $50M at a time when just about every industry analyst said the company was worth a minimum of $200M.&nbsp; So Buffett bought a large chunk.&nbsp; What did it do?&nbsp; It fell another 50%.&nbsp; But he didn&#039;t care because he knew the value was there, so timing was irrelevant.&nbsp; A few years later the company was worth $800M in the stock market and it became another legendary Buffett purchase, precisely because he actually understands value investing to be all about buying below intrinsic value and not timing the bottom, and you apparently don&#039;t have a clue.</p><p><br /></p><p>But thank you for exposing for all to see what I&#039;ve been saying now for several days.&nbsp; Now perhaps folks will understand what I&#039;ve been warning them about when it comes to your &quot;advice.&quot;[/QUOTE]</p><p><br /></p>

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