Re:Wizards of bullshit: How Forbes turned $6.5 million into ...
by breck on Wednesday June 29, 2011 @12:53PM
(#2710172)
Very good response, thanks for sharing.
I'm a value investor but my investment philosophy when it comes to tech stocks is slightly different. When it comes to tech stocks I look at the fundamentals, but most importantly I look at the leadership. If the founders are still the leaders, and if I believe that the founders will be there until they die or get really old, and if I believe the founders care about building timeless, excellent products above all else, then I'm willing to invest as long as the P/E isn't above 100.
This is my strategy because I believe the best tech companies will keep growing over the long term until technology completely transforms the world.
I'm a value investor but my investment philosophy when it comes to tech stocks is slightly different. When it comes to tech stocks I look at the fundamentals, but most importantly I look at the leadership. If the founders are still the leaders, and if I believe that the founders will be there until they die or get really old, and if I believe the founders care about building timeless, excellent products above all else, then I'm willing to invest as long as the P/E isn't above 100.
This is my strategy because I believe the best tech companies will keep growing over the long term until technology completely transforms the world.