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URL:  https://boards.fool.com/if-you-found-an-undervalued-stock-and-could-buy-it-17671452.aspx

Subject:  Re: OT: KISS Date:  8/11/2002  6:27 PM
Author:  buzman Number:  73568 of 882490

If you found an undervalued stock and could buy it on margin, wouldn't you do so--the proverbial 100-bagger? I sure would. CC

Nope, not me. There are no sure things.

I wouldn't pay full sticker price for real estate in a highly leveraged way. That would be dumb.CC

As a mortgage broker you don't mind if another dummy does, huh? <grin>

please quantify the risk CC

I like William Bernstein's definition of risk-enterprises with potential great reward carry greater risk.

My brother has been marketing a piece of land for over two years, it's still on the market. The townhouse adjacent to ours, on the market for almost one year.

I'll say this, again, "The most dangerous words to an investor-it's different this time."

buzman-real estate owner




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