Gyroscopic Investing

Hal wrote: ↑Thu Sep 10, 2020 8:17 pm Great find!

Thanks

Smith1776 wrote: ↑Thu Sep 10, 2020 8:21 pm

Hal wrote: ↑Thu Sep 10, 2020 8:17 pm Great find!

Thanks

I am enjoying all the papers and old forums posts of his on value investing that I can find. Perhaps we can compile Burry related material in this thread.

I really like Michael Burry as his social awkwardness (as seen in The Big Short) reminds me of myself. Like him, I find it much easier to connect with people online than in person.

yankees60 wrote: ↑Thu Sep 10, 2020 8:35 pm

Amen to THAT one, Brother Smith1776!

Vinny

Smith1776 wrote: ↑Thu Sep 10, 2020 8:39 pm

yankees60 wrote: ↑Thu Sep 10, 2020 8:35 pm

Amen to THAT one, Brother Smith1776!

Vinny

Let us celebrate our friendship and camaraderie by never meeting!

Buffett's buy-and-hold philosophy is his third incarnation, which comes of necessity due to the size requirement on his investments. And his absolute best years - the ten years of his partnership- were not of the buy-and-hold type. He was very successful flipping small caps for rather quick gains when he was able. I'm sure he would love to now if it would make any difference to him. Then again, with the REITs, maybe he did.

Could it be that by investing as Buffett does now, despite our tiny size, we are giving up the inherent advantage of being an individual, small investor?

To try to emulate Buffett perfectly without his full complement of skills and advantages (which I do not have, but any of you here might for all I know) seems foolhardy. So I take something else from Buffett - the willingness to improvise new investment parameters as fits my situation.

Smith1776 wrote: ↑Sat Sep 12, 2020 5:50 pm Yeah, loved it. Hard to believe it's the same dude who played Batman. Testament to his acting I suppose.

• Rescue Dawn
• Equilibrium
• American Hustle
• Out Of The Furnace
• Harsh Times
• The Prestige
• Howl's Moving Castle (didn't even know he was in this)

Did you guys catch the Michael Burry cameo in The Big Short?

Kriegsspiel wrote: ↑Sat Sep 12, 2020 6:23 pm Christian Bale is awesome. American Psycho is, of course, his best film, but he's been in a lot of really good ones. I haven't even seen all of them, but other than American Psycho and The Big Short, he's in

• Rescue Dawn
• Equilibrium
• American Hustle
• Out Of The Furnace
• Harsh Times
• The Prestige
• Howl's Moving Castle (didn't even know he was in this)

Did you guys catch the Michael Burry cameo in The Big Short?

You know what... I didn't. IIRC he was pleased that he was played by Christian Bale though

Mark Leavy wrote: ↑Sat Sep 12, 2020 6:55 pm I watched "Vice" last night. He played Dick Cheney. And pulled it off. "Ford versus Ferrari" was amazing.
And then there was "The Machinist".

Not just a great actor, but also a shapeshifter.

Smith1776 wrote: ↑Sat Sep 12, 2020 7:02 pm Dark Knight fo' life.