Last thread was archived at 2380, seems this one is soon to be archived.

Fall, Baby, Fall ;-)

My thanks to Sub-Standard for the quality reporting. Now let's hope the 'employee' story scares the price down another 10%.

It seems to me they are reporting on a story they created. Who remembers Tomorrow Never Dies?

http://finance.fortune.c...n-funds/?iid=SF_F_River

Yacktman is one of the world's most successful mutual fund managers, yet you would never know it... investing tips, Yacktman... tells them it's simple: He waits to buy great companies when they're down and rides them until they recover, which great companies almost always do. You don't need to jump in and out of stocks, he tells them. "You just need to catch the wind enough times," he says. "And you need to be very, very patient."

Yacktman isn't trying to out-trade or outsmart other investors on a daily basis. He instead buys steady, profitable businesses when they disappoint Wall Street.

"He just doesn't get rattled in bad markets," says Jeff Auxier, a fellow value-fund manager based in Oregon. "You see the great investors come alive when the public's running for the hills."

9.6