Subject: Re: Welcome!
Many investors believe that the market is inefficient, and that by focusing on a company's fundamentals, such as earnings, cash flow, and assets, they can identify stocks that are selling for less than they're worth. Other investors believe the market is efficient, so it doesn't matter which business you buy

dillbeans thinks the market is probably a little inefficient, and to the extent that it is, dillbeans is probably on the butt end of it. An inefficient market isn't just opportunity: it's also peril. Years of investing experience have taught me some lessons: The most important one is that my investing goals should be guided by my financial needs and not by my desire to be above average.

cheers,
db