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Old 11-06-2006, 08:56 PM   #3 (permalink)
RT Wolf
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Join Date: Nov 2006
Location: Toronto, Canuckland
Posts: 1,737
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Hey,

I kinda fell into it when my brother got into it. Since then, I've explored the other kinds of investing and none of htem made as much sense to me. There's also the impressive track record of huge value investors. Treat the stock price as the price of a piece of a real business just makes sense. That and it's been working fairly well for me, so I'm happy.

MSFT is interesting, after its massive drop a few months ago, some value investors felt it was a bargain. However, you may have bought it long ago, when it was overvalued (march 2000 sounds like it was in the bubble?). Recently it's done nicely. It's all about how much you buy it for in relation to some intrinsic value.

My millionaire dream includes a strong element of investing.

Good luck with your investing!
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