i'm dumb.

I hate paraphrasers! Christopher colombus was a criminal genocider!

If this crash taught value investors anything it should be DCF shouldn't be "90%" of your thought about a company, like this guy said. The Graham valuation of actual assets should be at least 50% if not more. What good did DCF do for analysis of the banks who were very highly leveraged? You should be starting with the assets/balance sheet first, and if you don't understand the assets (CDOs) walk away.

Not only are many of "his" thoughts from Buffett's shareholder letters, but there isn't a signal original thought here. Everything he says is either a quote from big name value investors or paraphrased. Most examples are ones Buffett has used in speeches.

look up David Einhorn. He has a video on here where he lays it all out pretty well.

Dang-- so many of his thoughts/examples are straight out of Buffett's shareholder letters. I guess everyone does this though...

can i obtain the pdf he is talking about

** Careful the real selling occurred in March 09 after this guys presentation. He's talking about the November 08 lighter and gentler selloff.

Awesome video. Whitney Tilson is my hero. I'm sad they cut out the short example. People always talk about going long, its hard to find a good short example.

thanks!!!