Quote:
Originally Posted by Baraka_Guru
Do you mean to say you've never heard of value investing?
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Value investing can be defined pretty clearly. Using concepts penned by Benjamin Graham, generally looking for investments selling below book, intrinsic value or some other value bench mark we know what is going on. Putting the term "aggressive" in front of trading or investing has no meaning. Why can't a value investor be "aggressive"? Why can't a value investor act to corner the market? Why can't a value investor walk the line between what is legal and or ethical?
Quote:
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There is more than one strategy for making money in the markets. Surely this isn't news to you....
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I clearly don't understand what the writer meant, and I still don't. In the context is appears as if the writer was disturbed by the thought of a trader taking risks to make money at the expense of those on the opposite side of the trades. BP has billions and resources to influence the market, but so do others. When a market gets out of balance, balance gets restored based on others wanting to profit from the imbalance. If BP could corner a commodity market, how long would it last? I would argue not long, but I doubt they could do it. I agree that they can influence price and supply on a short-term basis, but even with that demand is another variable.
---------- Post added at 08:41 PM ---------- Previous post was at 08:40 PM ----------
Quote:
Originally Posted by roachboy
gee, ace, i don't know what you're all in a snit about.
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My love of capitalism.
