galumay
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Personal Investment Strategy
- Thread starter galumay
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Wysiwyg
Everyone wants money
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Re: Personal Investment Strategy Help
Thanks for that. Yes a portfolio remains in a constant state of change with sales being a personal decision.
Thanks for that. Yes a portfolio remains in a constant state of change with sales being a personal decision.
tech/a
No Ordinary Duck
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Re: Personal Investment Strategy Help
Galumay
Its really clear where your falling down.
An early exit from the CDA and ITL would have seen an excellent return.
Its only dividends which have kept you ahead--marginally.
You know what they say about falling in love with your holdings.
You aren't the first and wont be the last.
It doesn't matter that we get it wrong---only how long we choose to stay wrong matters.
I get it wrong all the time!
But its not about being right its about being profitable.
Galumay
Its really clear where your falling down.
An early exit from the CDA and ITL would have seen an excellent return.
Its only dividends which have kept you ahead--marginally.
You know what they say about falling in love with your holdings.
You aren't the first and wont be the last.
It doesn't matter that we get it wrong---only how long we choose to stay wrong matters.
I get it wrong all the time!
But its not about being right its about being profitable.
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Re: Personal Investment Strategy Help
Good stuff galumay,
One problem of running a more concentrated portfolio such as yours, one or two bad stocks can have significant impact on the portfolio.
Your other companies are going in the right direction, I think you are doing very well with your approach
Good stuff galumay,
One problem of running a more concentrated portfolio such as yours, one or two bad stocks can have significant impact on the portfolio.
Your other companies are going in the right direction, I think you are doing very well with your approach
tech/a
No Ordinary Duck
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Re: Personal Investment Strategy Help
Oh and missed NWH.
AHZ did get to 16c now 11.5
That 2 is something that should perhaps be addressed.
I'm just pointing out that your ideas can be improved.
That's if your open to improvement.
Good stuff galumay,
One problem of running a more concentrated portfolio such as yours, one or two bad stocks can have significant impact on the portfolio.
Your other companies are going in the right direction, I think you are doing very well with your approach
Oh and missed NWH.
AHZ did get to 16c now 11.5
That 2 is something that should perhaps be addressed.
I'm just pointing out that your ideas can be improved.
That's if your open to improvement.
Wysiwyg
Everyone wants money
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galumay
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Re: Personal Investment Strategy Help
tech/a thanks for your responses. I do think its difficult to reach much common ground when we have such different approaches to investment.
if i had sold CDA, ITD or NWH when they first fell below what I paid for them, then i would also have sold out of many of my best performing companies as well - they have nearly all been at prices below what I paid for them.
AHZ is the one speccy in my portfolio, it would be pointless to have sold when they hit 16c, I am in them hoping the company will be a multibagger, not to take a small profit. If I had sold them at 16c and they went on to $1 then I would have something to address!!
As a long term investor I am not 'in love' with my underperformers, I do continue to reassess the fundamentals of these companies, and I am comfortable in my analysis that they are currently undervalued.
Overall I continue to make a healthy return on my invested capital through the dividends, if sold my entire holdings I would have my original capital back in cash, with a combined capital and yield return way above what I could have achieved with fixed interest or cash.
I dont expect to really start to see the benefits of my strategy for some years, in some ways measuring the performance of this sort of investment on a month by month basis in the first few years is very dangerous because it can lead to a focus on the wrong metrics.
One point I would take issue with is the comment that my ideas can be improved - if I am open to it, the subtext I read there is that if I listen to you and follow your trading strategies and philosophy I can improve - but if I dont its because I have a closed mind. Maybe thats not how you meant it but its how it reads to me, and that comes across as arrogant and the product of a closed mind!!
Of course I am open to learning, I spend everyday learning more about the companies I invest in, the markets, the tools for analysis, the thoughts of like minded investors as well as the thoughts of those like you with very different approaches to money management.
tech/a thanks for your responses. I do think its difficult to reach much common ground when we have such different approaches to investment.
if i had sold CDA, ITD or NWH when they first fell below what I paid for them, then i would also have sold out of many of my best performing companies as well - they have nearly all been at prices below what I paid for them.
AHZ is the one speccy in my portfolio, it would be pointless to have sold when they hit 16c, I am in them hoping the company will be a multibagger, not to take a small profit. If I had sold them at 16c and they went on to $1 then I would have something to address!!
As a long term investor I am not 'in love' with my underperformers, I do continue to reassess the fundamentals of these companies, and I am comfortable in my analysis that they are currently undervalued.
Overall I continue to make a healthy return on my invested capital through the dividends, if sold my entire holdings I would have my original capital back in cash, with a combined capital and yield return way above what I could have achieved with fixed interest or cash.
I dont expect to really start to see the benefits of my strategy for some years, in some ways measuring the performance of this sort of investment on a month by month basis in the first few years is very dangerous because it can lead to a focus on the wrong metrics.
One point I would take issue with is the comment that my ideas can be improved - if I am open to it, the subtext I read there is that if I listen to you and follow your trading strategies and philosophy I can improve - but if I dont its because I have a closed mind. Maybe thats not how you meant it but its how it reads to me, and that comes across as arrogant and the product of a closed mind!!
Of course I am open to learning, I spend everyday learning more about the companies I invest in, the markets, the tools for analysis, the thoughts of like minded investors as well as the thoughts of those like you with very different approaches to money management.
tech/a
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Re: Personal Investment Strategy Help
Hmm Id be surprised if profit weren't common ground enough.
It appears you do a lot of that. Identifying experience with arrogance. Strange----
Your profit so far is Under $1000 and you've been at it for months.
Last night I made 3 x your profit in an hr?
And I posted it up live as it happened.
https://www.aussiestockforums.com/forums/showthread.php?t=29236&page=3&p=851555#post851555
Arrogance?
Not to those who truly want to improve their trading/investing.
You are open to what makes sense to YOU
Not what makes sense.
Maybe this may help.
"Its not about being RIGHT
Its about being PROFITABLE."
Carry on.
Hmm Id be surprised if profit weren't common ground enough.
It appears you do a lot of that. Identifying experience with arrogance. Strange----
Your profit so far is Under $1000 and you've been at it for months.
Last night I made 3 x your profit in an hr?
And I posted it up live as it happened.
https://www.aussiestockforums.com/forums/showthread.php?t=29236&page=3&p=851555#post851555
Arrogance?
Not to those who truly want to improve their trading/investing.
You are open to what makes sense to YOU
Not what makes sense.
Maybe this may help.
"Its not about being RIGHT
Its about being PROFITABLE."
Carry on.
galumay
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Re: Personal Investment Strategy Help
*sigh*
oh well i tried. i guess my suspicions are confirmed!
*sigh*
oh well i tried. i guess my suspicions are confirmed!
tech/a
No Ordinary Duck
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tech/a
No Ordinary Duck
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Re: Personal Investment Strategy Help
Galumay
I'm curious.
What do you think I or anyone else for that matter
could pick up from your method
When I and anyone else for that matter can
make 3x your 6 monthly return in an hr?
Galumay
I'm curious.
What do you think I or anyone else for that matter
could pick up from your method
When I and anyone else for that matter can
make 3x your 6 monthly return in an hr?
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Re: Personal Investment Strategy Help
tech/a, his total return over 6 months would also include dividends though....
tech/a, his total return over 6 months would also include dividends though....
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Re: Personal Investment Strategy Help
I'd say if you can make $3k/hour with $100k you should be stomping around on a private jet forum...
Then again the way some people cr@p on about how easy it is to make money you wonder why they're not flying around the world selling their wares to hedge funds.
I'd say if you can make $3k/hour with $100k you should be stomping around on a private jet forum...
Then again the way some people cr@p on about how easy it is to make money you wonder why they're not flying around the world selling their wares to hedge funds.
tech/a
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Re: Personal Investment Strategy Help
Yes I'm aware of that and that's what puts him in the black---or green in his case now.
If he didn't have dividends then he would be in the red on the whole portfolio.
I also note its more like 9 mths.
I also note he has around 100K generating his return.
My trade last night had around 8K generating mine (My margin)
I could be wrong but that represents great "Value investing" to me.
Yes I'm aware of that and that's what puts him in the black---or green in his case now.
If he didn't have dividends then he would be in the red on the whole portfolio.
I also note its more like 9 mths.
I also note he has around 100K generating his return.
My trade last night had around 8K generating mine (My margin)
I could be wrong but that represents great "Value investing" to me.
Re: Personal Investment Strategy Help
Barely made a cent. Then the toys went out of the cot and you didn't post on the forums for months when a few of people questioned your strategy.
Same with a trading contest with CanOz.
Let's not get our e-peens out over a single trade though.
If I recall you had a trend trading (stop to BE) thread on here with Pav that ran for six months.
Barely made a cent. Then the toys went out of the cot and you didn't post on the forums for months when a few of people questioned your strategy.
Same with a trading contest with CanOz.
Let's not get our e-peens out over a single trade though.
tech/a
No Ordinary Duck
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Re: Personal Investment Strategy Help
You didn't see the thread Mc L.
https://www.aussiestockforums.com/forums/showthread.php?t=29236&page=3&p=851555#post851555
Haven't seen anything you've posted up?
There are a few here who asked legitimate questions and I gave/give ligit answers.
And i often do what many don't and post real time--
Cant win
You try to help people out and its arrogant or Cr@p
If I started flying around selling my cr@p you'd be calling over priced rubbish.
Seriously the "Value investing " stuff is practiced by 80% of investors.
It makes sense 90% of people understand it---its something everyone else does.
It sounds and feels safe and logical.
Truth is its returns are terrible year in year out.
If people want to look at a way that 90% of the others aren't looking at Ill pass it on.
And sure enough one day I wont and one day I/We may just have something people may just pay for.
Right now its free.
I'd say if you can make $3k/hour with $100k you should be stomping around on a private jet forum...
Then again the way some people cr@p on about how easy it is to make money you wonder why they're not flying around the world selling their wares.
You didn't see the thread Mc L.
https://www.aussiestockforums.com/forums/showthread.php?t=29236&page=3&p=851555#post851555
Haven't seen anything you've posted up?
There are a few here who asked legitimate questions and I gave/give ligit answers.
And i often do what many don't and post real time--
Cant win
You try to help people out and its arrogant or Cr@p
If I started flying around selling my cr@p you'd be calling over priced rubbish.
Seriously the "Value investing " stuff is practiced by 80% of investors.
It makes sense 90% of people understand it---its something everyone else does.
It sounds and feels safe and logical.
Truth is its returns are terrible year in year out.
If people want to look at a way that 90% of the others aren't looking at Ill pass it on.
And sure enough one day I wont and one day I/We may just have something people may just pay for.
Right now its free.
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Re: Personal Investment Strategy Help
So what?
Geez you're predictable. Talk yourself up. When questioned play the victim. Start thread about leaving forum. Wash. Rinse. Repeat.
If your ego matched your ability you wouldn't be building townhouses in Adelaide.
Carry on.
So what?
tech/a said:
Geez you're predictable. Talk yourself up. When questioned play the victim. Start thread about leaving forum. Wash. Rinse. Repeat.
If your ego matched your ability you wouldn't be building townhouses in Adelaide.
Carry on.
tech/a
No Ordinary Duck
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Re: Personal Investment Strategy Help
I seem to only see personal slights from you.
Id have thought you may actually have some content to contribute---clearly not.
There is one thing however I have noted from you and a few others.
You have limited ability to contribute and as a compensator you play the ego and arrogance card. You attempt to discredit and belittle--wash rinse repeat.
My point here on display.
Pretty childish--
They say we all rise to our level of incompetence.
"They" seem to have it about right in your case.
Carry on.
I seem to only see personal slights from you.
Id have thought you may actually have some content to contribute---clearly not.
There is one thing however I have noted from you and a few others.
You have limited ability to contribute and as a compensator you play the ego and arrogance card. You attempt to discredit and belittle--wash rinse repeat.
My point here on display.
Pretty childish--
They say we all rise to our level of incompetence.
"They" seem to have it about right in your case.
Carry on.
Julia
In Memoriam
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Re: Personal Investment Strategy Help
galumay put up a p/f with some astonishing losses using a small capital base. Tech/A made some suggestions which would have improved his profitability.
What's wrong with that? Isn't a forum about exchanging ideas, all learning from one another?
And when the rest of us are running our own civil construction companies, then perhaps we might be able to justify making derisive comments toward others.
At least Tech/A has over many years offered genuine assistance to many in understanding a technical approach.
I doubt many others have made such an effort.
PS After doing this post I flicked through the other threads. Here is yet another example of Tech/A responding to requests for tech guidance.
https://www.aussiestockforums.com/forums/showthread.php?t=29236&page=3&p=851725#post851725
If anyone can suggest another forum member who has put more time and effort into attempting to help others, why don't they nominate that person?
So it's easy to criticise. It would be more meaningful to put up some of your own thoughts with examples, wouldn't it? You know, offering something better than Tech/A has given.
Why on earth do these threads always have to become personally insulting and nasty?
galumay put up a p/f with some astonishing losses using a small capital base. Tech/A made some suggestions which would have improved his profitability.
What's wrong with that? Isn't a forum about exchanging ideas, all learning from one another?
And when the rest of us are running our own civil construction companies, then perhaps we might be able to justify making derisive comments toward others.
At least Tech/A has over many years offered genuine assistance to many in understanding a technical approach.
I doubt many others have made such an effort.
PS After doing this post I flicked through the other threads. Here is yet another example of Tech/A responding to requests for tech guidance.
https://www.aussiestockforums.com/forums/showthread.php?t=29236&page=3&p=851725#post851725
If anyone can suggest another forum member who has put more time and effort into attempting to help others, why don't they nominate that person?
