Is it worth the price or not. In one of Peter Lynch's books he does recommend the publication for us amateurs.

Feedback needed, with thanks in advance.
Gelfson

Hi Gelfson,

I think Value Line is definitely worth the subscription price. It provides me with a quick way to filter 1700 stocks. I do not put any emphasis on their numbered picks, however. Or I do not buy their number one picks.

I prefer to use it to create a list of potential candidates to invest in later. Their number one choices for timeliness are based mostly on momentum. And though, that may be a good strategy for those that like momentum stocks, I prefer IBD for finding momentum stocks.

However, Value line is number one for allowing me to quickly find a list of superior companies with superior business models with long track records of success. After forming a large list of candidates, I then wait for them to follow into my value range. You would be surprised how many great companies fall in price each year based on absolutely no bad news.

Then there are those that fall - too much - based on missed estimates. Investors tend to overreact on all bad news causing opportunities to buy for those that follow the companies.

After buying a few good companies for investment purposes, Value Line is again number one for helping you keep up with your investments by updating each quarter. If you subscribe, you can copy the reports quarterly on your companies through their online site. By keeping these quarterly updates you can find a list of obstacles that your company faces, competition concerns, future growth drivers and other challenges and opportunities.

The biggest problem with Value Line is that most people just do not know how to use the resource properly. It is not a stock picking publication. It is a guide to a universe of 1700 companies. Rather than try to use their number system to buy stocks based on a mechanical buying system. I think it is best to use the publication to expand your circle of competence; to learn about different business models.

Again, Value Line is number one in helping investors expand their circle of competence. It allows you to learn quickly about companies that are outside your realm of experience. Most people understand well only a few business model types. By expanding the number of business model types you understand, you will enhance your abilities to uncover future opportunities that you would have missed because you never heard of XYxYx company.

I cannot afford $600 a year. Fine buy it once. Create for yourself a large list of companies over numerous industry groups. In fact, I would choose the best positioned company in each industry group listed in Value Line. Copy the four quarterly reports on those and any others that you like. After your subscription runs out, go to the library each quarter and supplement your notebooks by copying those updates.

That is how I started out. It did not take long before I decided going to the library was a hassle that exceeded the subscription price. Not to mention making as many copies as I wanted was pretty expensive, though cheaper than the sub. But in time, I found Value Line to be far too indispensable to do without and look forward to it being delivered to my house each Friday.

tom

Tom,

Don't get me wrong but this is the second reply that I've recieved on items that are over two years old.

And this one actually makes sense. The trial price is affordable, I'll just have to think on it a little bit longer what with tax season hitting in just two days.

Thanks for the opinion!

Peace and prosperity
Gelfson

Hi Gelfson,


The trial is super. You get 1 quarter of updates and then you get one quarter of new updates. So you get two quarters of information. And that will go a long way to allowing you to form a solid list of companies.

I would suggest that everyone try the trial. It is definitely well worth the $55.

Peace and prosperity to you also.

tom

The trial is super. You get 1 quarter of updates and then you get one quarter of new updates. So you get two quarters of information. And that will go a long way to allowing you to form a solid list of companies.

I realize this must be slowest thread ever. But I just saw this and had a comment. I bought the trial and then was offered to continue it for a year at half price(11/03). That's right only approx $300. They also offered a 2 year deal for $600. I snapped that up immediately and have been very happy with the publication. I just love using the cashflow line to find good steady companies that grow their cash in a steady manor year after year. They are predictable and thus my intrinsic value calculation can have meaning.

Ward

Hi Ward,

This is the slowest thread. :)

They do often offer deals. And I got to say they are worth waiting for. I have always liked Value Line and believe it worth saving those issues. Many people throw them away, but someday you will be glad you saved them as you look back on past history.

I am a firm believer that we learn from the past. So save those issues.

tom e