The year 2008 and 2009 was certainly a year to look back to in our history. It was the “Great Depression” of our generation. Thankfully it was not as worst as we thought. It was and not even close to what they experienced in 1929. Well we can finally look back and say that the worst is over and the economy and the market in general have no other way to go but up. For us value investors who has positioned ourselves right after the crash in 2008, we are somewhat happy that we did take action as early as that time. As Warren Buffett says, “If you wait until you see the robin, spring will already be over,” I’m glad I took some great positions. I wished I could have done more, but I am limited with the amount of money that I can put in. Oh boy, got to wait for another 5 to 10 years for another golden opportunity such as 2008 ! For those of you who have been waiting for spring to come, don’t worry, the robins has not yet come. There are still great bargains out there. The question you … [Read more...]