It's 'Absolute Nirvana' for Value Investors, Whitney Tilson Says

this is hilarious coming from a guy who is long AXP, DLIA, BGP, BKS, AMIE, WFMI, GLG, BDAY, EMC, SATS and JMBA - all of which are down huge from his first filings and sitting at 52 wk lows - trust this guy to tell you what's going on. One of the frauds of value investing.

These articles have absolutely no credibility with me. The so-called "experts" who are churning out this excrement are ignoring the fundamentals, which have completely altered the economic landscape. There is no such thing as a "value" investment when short term lending has not even been fixed. Did they address this in the article? Of course not. We have a fundamental, long term problem that has and will affect how we do business, how we save (if we can save at all), how we shop, and how we retire. Short term lending issues have not been fixed. Moreover, mounting governmental debt is devaluing our currency and creating a major credibility problem with the investors whom we count on to buy our debt (take a look at how much of our debt is foreign-owned). Debt pressures, along with a collapse in major sectors of wealth (real estate and financial services) have redefined investment for the coming years. I really wish these idiots would at least spend five minutes talking about this. But alas, they are content with their delusions....probably because they have built a house of cards and don't have any other way of coping except to pretend that the Titanic is not sinking. Whatever.

That's what they said in late 1929 and throughout 1930 and 1931, too. Before the market fell another 60%. Rockefellers, Livermores and other professional investors all lost their shirts.

All I know is when I go into the Apple store (like today) it is packed with consumers

The Real Silver Surfer here... Hot off the presses the 12 Reps that killed the Bail Out Rep. Rodney Frelinghuysen (R-N.J.) Rep. Jim Ramstad (R-Minn.) Rep. John B. Shadegg (R-Ariz.) Rep. Steven C. LaTourette (R-Ohio) Rep. Doc Hastings(R-Wash.) Rep. Judy Biggert (R-Ill.) Rep. Xavier Becerra (D-Calif.) Rep. David Scott (D-Ga.) Rep. Hilda L. Solis (D-Calif.) Rep. Shelley Berkley (D-Nev.) Rep. Bill Delahunt (D-Mass.) Rep. Stephanie Herseth Sandlin (D-S.D.) OK they have helped us with our cause. But they may be persuaded to vote for it is simple items are added to the Bill. Call them and thank them for Voting No to the Bail Out. They are true Americans that care about your families future. Rock on Silver Surfer Out

Wake up everyone....Just try to contact your senators or house reps. The gov web sites have blocked all e-mails to them for days now. This is how important it is to FIX this issue. And Fix does not mean resolve. Dirty play and lies are the game.

To pacwestllc.... the only relatively safe investments after Friday are going to be TIPS ... or inflation fed bonds. What this debt will do is skyrocket costs and prices. Your best hedge is betting with inflation, not against it. You may even be able to keep up with inflation, but I doubt it. Move to Mexico as I did.

To pacwestllc.... the only relatively safe investments after Friday are going to be TIPS ... or inflation fed bonds. What this debt will do is skyrocket costs and prices. Your best hedge is betting with inflation, not against it. You may even be able to keep up with inflation, but I doubt it. Move to Mexico as I did.

To pacwestllc.... the only relatively safe investments after Friday are going to be TIPS ... or inflation fed bonds. What this debt will do is skyrocket costs and prices. Your best hedge is betting with inflation, not against it. You may even be able to keep up with inflation, but I doubt it. Move to Mexico as I did.

To pacwestllc.... the only relatively safe investments after Friday are going to be TIPS ... or inflation fed bonds. What this debt will do is skyrocket costs and prices. Your best hedge is betting with inflation, not against it. You may even be able to keep up with inflation, but I doubt it. Move to Mexico as I did.

The only problem with a statement that "Apple can't continue to support a PE that is 30+" is that Apple already has a trailing PE of only 21 now that will go down even further when this past quarters earnings are announced. As Henry correctly pointed out, that does not include a massive amount of deferred revenue or $23 per share in cash(before they add another billion or so this quarter). Whitney talks about investing in companies with strong balance sheets and that you know will be around years from now; that sounds like the definition of Apple, Inc. Almost everyone not only expects that, but that they will have a much higher market share in the years ahead. In the meantime, I suggest Whitney consult with his computer to check on Apple's current PE before going on another show or making another presentation.

Don't bash on greed. The capitalism cannot flourish without it. However, the uncontrolled greed is a poision to the capitalism. We are all greedy to a certain level. We all contributed to creating this mess and have to face it. Let's face it without BAILOUT. It won't be easy, but we will eventually come out stronger.

Whitney I checked the short selling interdiction list and I feel very significantly Washington Mutual was not on it!!

Is their proposal public? If so, where can I read about it?

Gov't launches mortgage aid program...Then what the hell do we need a bailout for?!!! I thought that was the BIG SELLING POINT for this taxpayer ripoff! Their right. Its not a bailout. Its a stright out taxpayer RIP OFF!!!

Gov't launches mortgage aid program...Then what the hell do we need a bailout for?!!! I thought that was the BIG SELLING POINT for this taxpayer ripoff! Their right. Its not a bailout. Its a stright out taxpayer RIP OFF!!!

Whitney, are you on the pipe? Target has massive debt. Apple has a pristine balance sheet. EV/ebitda is 8 for target, 12 or so for apple, but Apple has a higher growth rate, even in these trying times Target is incredibly dependent on consumer spending and has a much slower growth rate than apple, especially during a recession.

Everyone might be looking like suckers who thinks the end of this recession/depression is in sight. The DOW might sink for another 2 years without bottoming. Housing is only halfway back down to the trendline and as long as peak oil remains in sight there will always be a checkmate hanging over the American economy. The introduction of electric car is the next great economic force in the American economy.

Ok, you want to play the blame game on our current economic situation, then read this and you will see that it was the Clinton Administration that started this mess - This article came out almost 9 years ago and was just republished in the NY Times a couple of days ago: http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260

Everyone should do an internet search and read up on "The 4th turning". We're in the 4th and final phase called the Crises