Warren Buffett, Ben Graham Investment Community
  Not Registered?
 


Go Back   Warren Buffett, Ben Graham Investment Community > » Getting Started > Introduce Yourself!
 

Introduce Yourself! New to our community? Don't be shy, come say hello and tell us a little about yourself!

Reply
 
LinkBack (1) Thread Tools Display Modes
  #251 (permalink)  
Old 10-28-2006, 12:34 AM
jclei jclei is offline
Junior Member
 
Join Date: Oct 2006
Posts: 9
Hello from Tennessee

Hi everyone,

I just finished reading the book "Rule #1" about two months ago and wanted to give it a try. However, as many on this forum might have already experienced, searching a real Rule #1 company with a good entry point (i.e., MOS price) is really difficult, especially in the market of the last two months.

Hopefully, along with other benefits, I can get some company/stock ideas from this community.

By the way, can any Investools users comment on the program? Is it really worth a couple of grands? Thanks.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #252 (permalink)  
Old 10-28-2006, 05:34 AM
patfergie44 patfergie44 is offline
Member
 
Join Date: May 2006
Location: Lake Wateree, SC
Posts: 243
Welcome to the community. I think you will find a lot of answers to your questions on this forum. There are quite a few discussions regarding finding companies. And, you can look through the homework examples to see what others have already researched. As for Investools, there has been a lot of discussion regarding their pros and cons. Here are a few threads you can look at:

http://www.roicommunity.com/forum/ge...-seminars.html

http://www.roicommunity.com/forum/ge...vesttools.html

http://www.roicommunity.com/forum/ge...ols-cheap.html

Good luck!!!
__________________
Pat
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #253 (permalink)  
Old 10-28-2006, 08:50 AM
jvg1957 jvg1957 is offline
Junior Member
 
Join Date: May 2006
Location: orange park
Posts: 1
Hello from Florida (Go Gators!!!)

I have been reading articles from this site for some time and there's a lot of
very informative info. I am a Cramer fan also who believes in fundamentals,
also. I have had my crosshairs on (infy) for some time with some nice gains
and I see Satyam with blowaway mos price. Just would like some take on it.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #254 (permalink)  
Old 10-28-2006, 09:19 AM
jclei jclei is offline
Junior Member
 
Join Date: Oct 2006
Posts: 9
Thanks a lot

Pat,

Thank you very much for your kind words and all of your answers to my questions. The links about Investools are especially helpful in my consideration of getting it. The $995 price tag sounds very attractive as it is 50% "discount" off what I was quoted (~$2000) and could be a good MOS price :yellowsmile:.

Good luck to you too.

Jason
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #255 (permalink)  
Old 10-28-2006, 10:53 AM
Lois Lois is offline
Member
 
Join Date: Apr 2006
Location: Nebraska
Posts: 141
Welcome Gator from a Cornhusker. You will find lots of information on this forum. If you would like more information on INFY & SAY use the search engine above. These companies have been discussed in detail on this web-site. Personally INFY has done very well for me papertrading. I purchased it on June 29th and since then have made 39.91%. I wish I could say the same for my other trades. Ha, ha.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #256 (permalink)  
Old 10-28-2006, 12:25 PM
krypticide's Avatar
krypticide krypticide is offline
Member
 
Join Date: Aug 2006
Posts: 257
Welcome! I am not an Investools user, for several reasons.

1) I more or less just got started, and paying for these extras tools is overkill. That's like springing for a fancy tennis racquet when you're first learning how to play. It's a waste.
2) I don't have enough of a money base. $2000 is already ~5% of my principal base! That's going to cut into my gains big time!

Remember, tools are only worth it if they really help you.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #257 (permalink)  
Old 10-28-2006, 12:28 PM
krypticide's Avatar
krypticide krypticide is offline
Member
 
Join Date: Aug 2006
Posts: 257
Welcome!
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #258 (permalink)  
Old 10-28-2006, 12:41 PM
AlexG AlexG is offline
Member
 
Join Date: May 2006
Location: East L.A
Posts: 268
Quote:
Originally Posted by calmwater View Post
Hi, my name is Terrance and I'm a Rule #1 violater. I've recently discovered the Rule #1 strategy and will hopefully use it to recover from bad investing decisions. I am guilty of stock speculation, following the trend, buying based on rumor and conjecture, buying with little or no knowledge of a company, talking myself into holding stocks because of the "if I hold it I haven't really lost anything" mentality, and chasing IPOs. I'm hoping this community will be able to help me with my past failures as I evaluate what's left of my portfolio in search of 4M stocks.
lol i think we have all been a victim of this so dont feel bad
__________________
"something good might happen"
http://www.contrarianvalueinvesting.com/
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #259 (permalink)  
Old 10-28-2006, 01:02 PM
AlexG AlexG is offline
Member
 
Join Date: May 2006
Location: East L.A
Posts: 268
Welcome Gator froma Trojans fan

hope to see you around more often
__________________
"something good might happen"
http://www.contrarianvalueinvesting.com/
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #260 (permalink)  
Old 10-28-2006, 05:24 PM
wjohnsonz1 wjohnsonz1 is offline
Junior Member
 
Join Date: Oct 2006
Location: Wilmington,DE
Posts: 3
Hi K,
sure.... on page 104 there is at GM Sales table showing increasing sales numbers between 1995 ($164) and 2004 ($194) yet on page 105 Phil ran the the numbers for this period and he comes up with a -4% growth.
I Calculate approx a +2% growth for GM sales during that period. I even used Phil's web calculators to check it. There are a other mistakes like this that I cant contribute only to publishing typos. A few too many in my humble opinion. So I'd like to think my calcs are off but after reviewing several times I believe the book is wrong.....UNLESS...lol...I really missed the boat somewhere....lol

On page 108 these same numbers and mistakes are shown in the GM table.

Oh well, not really a biggie but, just in case I'm wrong... I'd surely like to know how,why , etc so I dont carry a false knowledge forward.

Thanks for writing Krypticide,
peace
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply