When markets turn against them, value investors can fall back on a set
of disciplines that should assist a calmer discussion
of the
situation and a
cooler analysis of what to do — and not to do — next
Here on The Value Perspective, however, our process and checklist serve to enable a calmer discussion
of the
situation and a
cooler analysis of why the share price fall may have occurred.
• Diagnose vehicle failure by performing detailed
analysis of each part
of the engine or transmission • Disassemble, repair and reassemble parts
of engines following standard procedures and protocols • Perform preventative maintenance and diagnosis
of transmissions, brakes, engines and electrical systems • Use welding and cutting tools in a safe manner to fabricate or shape materials for repairs • Assess incidents and accidents and respond to each
situation by determining appropriate courses
of action • Diagnose and fix operational issues on vehicles and take measures to ensure that they do not reoccur • Install surveillance equipment in school buses to promote student safety and discipline • Rewire ignition systems and instrument panels and diagnose and repair vehicle heating and
cooling systems • Calibrate vehicle operations or detect problems by attaching computerized test instruments to engines