tag:blogger.com,1999:blog-7294165939647321702.post1665513041072454337..comments2024-03-11T10:31:06.107-04:00Comments on <center><a href="http://www.barelkarsan.com">Barel Karsan - Value Investing</a></center>: Capital ReturnsSaj Karsanhttp://www.blogger.com/profile/04493152766022812984noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7294165939647321702.post-43602690461982853602016-08-11T15:04:35.593-04:002016-08-11T15:04:35.593-04:00Thanks for your book recommendation, will find tim...Thanks for your book recommendation, will find time to read that. As for the comment above about the mining companies (or all capital intensive companies, for ex. airlines, car manufacturers, steel... ), my strategy is simple - Avoidance. ;) <br /><br />As Mark Twain said in hundreds years ago,<br /><br />"A gold mine is a hole in the ground with a liar standing on top of it."<br />James Phttps://www.blogger.com/profile/03956224988889969917noreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-78880907947949605292016-07-26T11:36:59.583-04:002016-07-26T11:36:59.583-04:00I remember the Chinese incident as well.
This was ...I remember the Chinese incident as well.<br />This was after all my first Blog<br />:)SPACED OUT GUY!https://www.blogger.com/profile/01663407462513668270noreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-23496191724846299262016-07-25T09:54:10.531-04:002016-07-25T09:54:10.531-04:00The key is to understand it the amount of excess i...The key is to understand it the amount of excess investment that goes into a sector. In the late stages of a boom it is pretty obvious. Note mining in 2007 or the internet companies in 1997-2000.<br /><br />You want to invest in money losing cyclical companies when their industry is starved for capital over an extended period of time. <br /><br />But NO ONE knows the exact timing.Anonymoushttps://www.blogger.com/profile/17455003385851080881noreply@blogger.com