Comments on: Take Advantage Of Values In the Stock Market http://www.moneycrashers.com/take-advantage-of-values-in-the-stock-market/?utm_source=rss&utm_medium=rss&utm_campaign=take-advantage-of-values-in-the-stock-market personal finance blog Sat, 21 Nov 2009 04:07:50 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: author http://www.moneycrashers.com/take-advantage-of-values-in-the-stock-market/comment-page-1/#comment-6261 author Wed, 12 Nov 2008 14:04:01 +0000 http://www.moneycrashers.com/?p=686#comment-6261 yeah, we should still be weary of the economy. about CC, you are right. they made horrible decisions, but the media doesn't tell the average citizen about that. they just tell you they went bankrupt and you are forced to believe that it is just due to the economy. no, it was due to bad executive management. yeah, we should still be weary of the economy.

about CC, you are right. they made horrible decisions, but the media doesn’t tell the average citizen about that. they just tell you they went bankrupt and you are forced to believe that it is just due to the economy. no, it was due to bad executive management.

]]> By: ekrabs http://www.moneycrashers.com/take-advantage-of-values-in-the-stock-market/comment-page-1/#comment-6257 ekrabs Tue, 11 Nov 2008 16:28:21 +0000 http://www.moneycrashers.com/?p=686#comment-6257 I fully agree, although the more I read, the more I am seeing people much smarter than me guess that the economy will slip for the next two quarters. And I have to believe that it's a very strong possibility. This won't matter for investors who invest beyond those time frames, but for those who also trade at much shorter intervals (like me), it's something to seriously consider.... From what I've read, Circuity City is an interesting case study of how not to cut costs. In essence, the now-departed ex-CEO of CC at the time decided to cut costs by letting go some of their best (but most expensive) employees in middle to upper management, including those in marketing and so forth. The result? A brain drain of those who knows the consumer electronic business, and where did they go for jobs? That's right. Best Buy. It just goes to show that even in business, there is such a thing as being too cheap, and that it's no substitute for buying quality. I fully agree, although the more I read, the more I am seeing people much smarter than me guess that the economy will slip for the next two quarters. And I have to believe that it’s a very strong possibility.

This won’t matter for investors who invest beyond those time frames, but for those who also trade at much shorter intervals (like me), it’s something to seriously consider….

From what I’ve read, Circuity City is an interesting case study of how not to cut costs. In essence, the now-departed ex-CEO of CC at the time decided to cut costs by letting go some of their best (but most expensive) employees in middle to upper management, including those in marketing and so forth.

The result? A brain drain of those who knows the consumer electronic business, and where did they go for jobs? That’s right. Best Buy. It just goes to show that even in business, there is such a thing as being too cheap, and that it’s no substitute for buying quality.

]]>