Comments on: Guest post: Jim Hodges on Fansteel Inc (OTC:FELI)

By: Mike G.

Mike G. — Wed, 02 Dec 2009 05:28:45 +0000

The real test of EMH is when you can prove that every trader has the necessary information in their heads to make a correct valuation of a company, and yet the stock still trades far above or far below what you value it at. But the fact is, even if every trader had the same information in his head, he would interpret it slightly differently, thus making it pointless to argue over EMH.

Btw, if you’ve ever been through basic econ classes at a university or if you’ve gone to B-school, you would know that they merely present EMH as a far-off theory to aspire to in a perfect utopia. Nobody is actually asking you to believe in EMH dude. You make it seems like Joe Blow investors actually believe in EMH. EMH is just an idealized model to start with when teachers try to explain how stock markets work.

Let me give you an analogy. When you first start learning engineering, you are given all these ideal equations that theorize how an ideal transistor works. As soon as you get past all the basic classes, you soon realize that those models can be basically thrown out the window because they do absolutely no good in designing real transistors. Real transistors have so many other unexpected effects due to defects and other unforeseen complications that you have create completely new equations to describe them. Likewise, EMH is just a starting point that you get explained to you at your first class at the university.

That pretty much sums up my disgust with you wasting your time to write a post trying to disprove EMH, when in reality EMH disproves itself every single day the market opens in New York.

By: Value Investor

Value Investor — Fri, 06 Nov 2009 00:42:22 +0000

Adolescent tomfoolery is all you have to offer.

By: Tim Robbins

Tim Robbins — Thu, 05 Nov 2009 23:26:27 +0000

Your idea is worthless, you could never have purchased shares and still can’t. That is what makes it a bad idea. Saying that it proves EMH is invalid is ridiculous. I will not be back since I already know what your response will be. Some stupid remark about your genitals followed by calling me an adolescent. I also know you will respond…because you are the kind of person that can’t admit you are wrong and will always argue. The fact you still post on here just shows you are a loser with nothing better to do with your time. The thread you have created here shows everyone just how wrong and stubborn you are. Keep up the great work! Bye!

P.S.

Good luck with whatever mental issue you have.

By: Value Investor

Value Investor — Thu, 05 Nov 2009 08:41:10 +0000

What shall we use as an indicator then to measure what one knows in regards to investing and what one doesn’t know? It’s either money or an annual return. For some moron, such as yourself, to come along and degrade someone’s work is a cowardly act. Just because you say its a terrible idea doesn’t logically make it so. You have to have proof of your knowledge that most often comes by way of a measuring stick (annual return) otherwise your voice isn’t worth much. So, which is it? Money or annual return. I’ll show you mine if you show me yours but don’t get embarrassed and run off when your wife finds out mines much larger than yours :) Unless you come back with a verifiable number, I’ll have no further use for you and will take your posts for what they are which is useless Tom Foolery from someone who is neither fortunate or able but instead an adolescent.

By: Tim Robbins

Tim Robbins — Thu, 05 Nov 2009 01:58:19 +0000

Who isn’t a millionaire nowadays? Pathetic. Trying to use how much money you have to make it seem like you know what you are talking about. This idea was poor at best and you being a millionaire does nothing to change that…

By: Value Investor

Value Investor — Wed, 04 Nov 2009 14:42:34 +0000

Hey Idiot, my stupid ideas made me a millionaire. You’ll have to come up with your own because I won’t ever share another one of them again. Have a good life being an adolescent child.

By: Tim Robbins

Tim Robbins — Wed, 04 Nov 2009 03:36:44 +0000

Stupid Idea, Stupid Value Investor. What an ass. Trying so hard to defend his sorry excuse for an investment idea. Give us something worthwhile or admit it was a waste of space.

By: Value Investor

Value Investor — Wed, 16 Sep 2009 21:40:25 +0000

A dissertation is a treatise advancing a new point of view resulting from research.

A treatise is a formal exposition.

An exposition is a systematic interpretation or explanation (usually written) of a specific topic.

It is a dissertation and you should forgo your poor attempt at defining what ‘is’ is.

By: Value Investor

Value Investor — Wed, 16 Sep 2009 21:31:47 +0000

Sir,

My portfolio is public knowledge and you can view it at covestor.com/mbr/jimhodges

I have nothing further to discuss with you. You’re pompous and a bore to me.

By: reader

reader — Wed, 16 Sep 2009 17:17:57 +0000

When someone says they are going “to fully prove to proponents of the Efficient Market Hypothesis that their theory that stocks are always correctly priced is erroneous” and also show us how to pick stocks – thats a very big check to cash.

You then follow it up with a tiny, illiquid company that does not even trade, attacks against other posters, pointless rambling about how many people visitied your house, and more nonsense about how the company is now overvalued and further disproves EMH.

You also tell us how you choose to forgo a quick 66% gain in order to avoid paying some taxes (which you would have to pay anyway in the future). I guess for someone that earned 683% Year-to-date (your claim), a 66% gain is not worth much.

Finally, you excuse everything by saying we did not pay for your “dissertation” (FYI – your post is not a “dissertation”) so we sould not expect anything.

Please wait an hour before you reply to this post.