Hi Herc; "which is something MRF is unlikely to provide during a...

Hi Herc;

"which is something MRF is unlikely to provide during a market downturn"

Downturn?

Is Sri Lanka in a Downturn?
SL Vein Graphite?
Graphene?
Graphite?



The best opportunities come out of crisis/emerging nations/markets...

What about all the points I underlined that Buffet spoke of. Which do you Disagree with?


"With a wonderful business, you can figure out what will happen; you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when" (The point I am also making for MRF is we can figure out what will happen!!! )


This type of technical analysis of watching stock movements and buying based on how the prices fluctuate over 200-day moving averages or other seemingly arbitrary fluctuations often receives a lot of media attention, but it has been proved to simply be no better than random chance. (I think this is one of the KEY POINTS - Lets focus on this for a bit )


Investing for the Long Term (MRF has done well to gather Long Term Investors)

Individuals need to see that investing is not like placing a bet on number 32 on the roulette wheel, but instead it's buying a tangible piece of a business.

It is absolutely important to understand the relative price you are paying for that business, but what isn't important is attempting to understand whether you're buying in at the "right time," as that is so often just an arbitrary imagination. (This is how I see much of the Price action discussions)

In Buffett's own words, "if you're right about the business, you'll make a lot of money," so don't bother about attempting to buy stocks based on how their stock charts have looked over the past 200 days.

Instead always remember that "it's far better to buy a wonderful company at a fair price."

(For Value Investors getting in low and early is key in my opinion. This is why this market-place of over-selling and massive inefficiencies is wonderful for Value Investors in my opinion)



"With a wonderful business, you can figure out what will happen; you can't figure out when it will happen." - Buffet

I think the market is starting to figure out what will happen for MRF in my opinion!




Kind Regards

DYOR !!!!