Comment Re:woohoo (Score 1) 301
A lot of people treat it that way and that's where value investors make their money.
Take a listen to Roger Montgomery's latest ASX podcast/talk
Audio: http://secure-au.imrworldwide.com/cgi-bin/b?cg=av&ci=asx&tu=http://www.asx.com.au/podcast/asx-investor-hour-2012021.mp3
Slides: http://secure-au.imrworldwide.com/cgi-bin/b?cg=av&ci=asx&tu=http://www.asx.com.au/documents/slides/asx-investor-hour-20120221.pdf
His philosophy gels well with nerds like us. He likes to treat his investing as if he were buying a whole business instead of little numbers on a screen.