Comments on: Is Value Investing The Same As Market Timing? http://livingoffdividends.com/2006/06/28/is-value-investing-the-same-as-market-timing/ Join me on my journey to achieve financial independence through dividends, passive income and investments Tue, 13 Dec 2011 07:31:37 -0800 http://wordpress.org/?v=2.8.1 hourly 1 By: Doug Pedersen http://livingoffdividends.com/2006/06/28/is-value-investing-the-same-as-market-timing/comment-page-1/#comment-267 Doug Pedersen Fri, 07 Jul 2006 20:54:00 +0000 http://www.livingoffdividends.com/2006/06/28/is-value-investing-the-same-as-market-timing/#comment-267 Great post. I wrote a similar, though maybe less pithy viewpoint at my blog a few days ago.<br/><br/>Not only does Buffett buy when the price is right, he used to sell when the price is write, too (like your story with your home). He has since stopped but this is mainly due to the fact that he has "more money than ideas", liquidating his positions would be difficult (maybe impossible in his case, since the market would take that as a sign to bail out) and because he uses his "permanent holding period" as a selling point for why owners should sell to him. He is able to offer their business a home and that is often worth something to owner/managers of businesses. It guarantees that their business won't be broken up and sold off piecemeal. Of course, they won't get top dollar, either, but that is the tradeoff they make.<br/><br/>For Buffett, I recommend reading his annual letters to shareholders which is available at www.berkshirehathaway.com, and also "The Warren Buffet Way" and the Warren Buffett Portfolio". Great post. I wrote a similar, though maybe less pithy viewpoint at my blog a few days ago.

Not only does Buffett buy when the price is right, he used to sell when the price is write, too (like your story with your home). He has since stopped but this is mainly due to the fact that he has “more money than ideas”, liquidating his positions would be difficult (maybe impossible in his case, since the market would take that as a sign to bail out) and because he uses his “permanent holding period” as a selling point for why owners should sell to him. He is able to offer their business a home and that is often worth something to owner/managers of businesses. It guarantees that their business won’t be broken up and sold off piecemeal. Of course, they won’t get top dollar, either, but that is the tradeoff they make.

For Buffett, I recommend reading his annual letters to shareholders which is available at http://www.berkshirehathaway.com, and also “The Warren Buffet Way” and the Warren Buffett Portfolio”.

]]> By: Empty Spaces Inc. http://livingoffdividends.com/2006/06/28/is-value-investing-the-same-as-market-timing/comment-page-1/#comment-264 Empty Spaces Inc. Thu, 29 Jun 2006 20:39:00 +0000 http://www.livingoffdividends.com/2006/06/28/is-value-investing-the-same-as-market-timing/#comment-264 http://en.wikipedia.org/wiki/Warren_Buffett<br/><br/>I also strongly recommend "Buffett: The making of an american capitalist"<br/>by Roger Lowenstein. http://en.wikipedia.org/wiki/Warren_Buffett

I also strongly recommend “Buffett: The making of an american capitalist”
by Roger Lowenstein.

]]> By: pyroracing85 http://livingoffdividends.com/2006/06/28/is-value-investing-the-same-as-market-timing/comment-page-1/#comment-263 pyroracing85 Thu, 29 Jun 2006 20:06:00 +0000 http://www.livingoffdividends.com/2006/06/28/is-value-investing-the-same-as-market-timing/#comment-263 Wow very interesting.. Where do you get this info about Warren Buffett? Wow very interesting.. Where do you get this info about Warren Buffett?

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