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  • Value Investing vs. Value Pretending [View article]
    mkreisel said: "It's a pity that too many "value investors" think the 52 week low list represents "value".

    How true. We have a long way to go before seeing a bottom. You have yet to see any mention of the coming wave of foreclosures on the extremely overvalued "prime" commercial real estate in our best locations. You don't lose 75,000 jobs in NYC, with Wall Street banks no longer adding to the tax revenues of the city without having major fallout.

    Just how will NYC and state replace the tax receipts lost by Wall Street? Look around folks, it is you and me in cities all over the world that are the eventual losers. I heard that ML will not be paying taxes for 60 years! Bet that drives the Democrats crazy!
    Aug 16 18:11 pm |Rating: +1 0
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