http://wordsandunwords.com/ Words and Unwords (Words & Unwords) Where scientific and intelligent humor dominates en Serendipity 1.6 - http://www.s9y.org/ Mon, 28 Feb 2011 07:28:04 GMT http://wordsandunwords.com/templates/bulletproof/img/s9y_banner_small.png http://wordsandunwords.com/ 100 21 http://wordsandunwords.com/archives/281-Value-Investors-Do-Not-Walk-Randomly-Economics-Signage-Humor.html Value Investors Do Not Walk Randomly http://wordsandunwords.com/archives/281-Value-Investors-Do-Not-Walk-Randomly-Economics-Signage-Humor.html#comments http://wordsandunwords.com/wfwcomment.php?cid=281 0 http://wordsandunwords.com/rss.php?version=2.0&type=comments&cid=281 nospam@example.com (L. Chang) In the news lately this past weekend has been Berkshire Hathaway's <a href="http://www.berkshirehathaway.com/letters/2010ltr.pdf" title="2010 Annual Letter to Berkshire Hathaway Shareholders">Annual Letter To Shareholders</a> as written by legendary investor Warren Buffett. You don't need to be a shareholder in order to read it. In order to be a great investor, one does need to understand that a business needs to be purchased at a discount to its intrinsic value. One could argue -- as Warren Buffett's mentor Benjamin Graham once did -- that all intelligent investing is value investing. <br /> <br /> A couple of years ago, when designing with transportation signs, I configured the following traffic sign with a value investor attitude bent. If you're a value investor, you'll enjoy any of these signage gifts featuring the do not cross sign for people along with the truism saying "Value Investors Do Not Walk Randomly". 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