This is why we believe that combining a variant perception macro view with fundamental equity research is the new frontier. No longer is it enough to just find a beaten down stock in a beaten down industry, we must understand the perception and the variant perception as to why the industry is beaten down, and how it will recover. Similar to play blackjack online for money how Superforecasters approach the business of forecasting, we have to take into account not just one factor (value), we must take into account all the factors that could potentially affect our investments. These things have now branched บาคาร่า holiday out into macro, technical, sentiment, and perception. It is now more important than ever to understand what the other side is thinking and whether the variant perception requires us to be long-term holders or an insight edge, it will become the inevitable path all value investors have to take. So from this day forward, rather than calling ourselves value investors, we will call ourselves opportunistic investors. We think the combination of variant perception in macro combined with detailed research into individual names will give us the edge we need to outperform the markets over the long-run. This might also mean that we don't have ideas for an extended period of time, but we are patient when the returns are attractive. Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
For the original version including any supplementary images or video, visit http://seekingalpha.com/article/4038794-thought-week-value-can-longer-ignore-macro?source=feed_all_articles