Is pure Value Investing a gamble?

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(03-01-2011, 05:55 PM)yyt Wrote: Would like to hear from those that have experience practicing pure value investing, have it brought you the same success similar to ben graham of the past?

I would like to categorically state that ALL investing is value investing, and that it all involves risk, uncertainty and some form of "gamble" (expectation of uncertain rewards). As value investors, the idea is to tilt the odds to your favour so that you gain much more than you lose, both in terms of probabilities and absolute $ amounts. This is why bigger bets are placed on companies with more stability and predictability as compared to say a growth company with not much of a track record.

As an aspiring "pure" value investor (though I think the word pure is redundant), I have been practising Ben Graham, Warren Buffett and some of Philip Fisher's principles. But my investing timeline is only about 3 years+ (if you are looking at value and not anyhow hantam investing which I used to practice), therefore it's not much of a robust record to speak of even though I've survived one bull/bear cycle with capital intact.

Perhaps one should measure success with how much money one can AVOID losing, rather than how much money one can make - within a specified period of time. I certainly think that's a very important concept which is mostly lost on new investors.
My Value Investing Blog: http://sgmusicwhiz.blogspot.com/
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Messages In This Thread
Is pure Value Investing a gamble? - by yyt - 03-01-2011, 05:55 PM
RE: Is pure Value Investing a gamble? - by Musicwhiz - 03-01-2011, 06:23 PM
RE: Is pure Value Investing a gamble? - by arthur - 03-01-2011, 09:17 PM
RE: Is pure Value Investing a gamble? - by yyt - 03-01-2011, 11:22 PM
RE: Is pure Value Investing a gamble? - by yyt - 04-01-2011, 06:09 PM
RE: Is pure Value Investing a gamble? - by SLC81 - 04-01-2011, 09:49 PM
RE: Is pure Value Investing a gamble? - by koh_52 - 06-01-2011, 08:06 AM
RE: Is pure Value Investing a gamble? - by koh_52 - 06-01-2011, 10:03 PM
RE: Is pure Value Investing a gamble? - by yyt - 10-01-2011, 03:14 PM
RE: Is pure Value Investing a gamble? - by Foxer - 11-01-2011, 11:05 AM
RE: Is pure Value Investing a gamble? - by Nick - 11-01-2011, 09:34 PM

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