A dog from every village: Idiomatically, it means a chaotic, mismatched assortment of random elements, a hodgepodge, or a poorly assorted collection where nothing quite matches or fits together.
We think the very term ‘value investing’ is redundant.
One apportions investment positions or portfolio weightings according to one’s informed estimate of each stock’s probable return; it is the weighting that provides the highest geometric mean of outcomes; betting your beliefs.
Ideas based crowd source project to improve Nuggets of Investing Wisdom for everyone
And here’s the difference between the bursting of true stock market bubbles and other stock market routs. When the Dot Com bubble burst it took many many, years for the fallen to recover.
By timing we mean the endeavor to anticipate the action of the stock market – to buy or hold when the future course is deemed to be upward, to sell or refrain from buying when the course is downward. By pricing we mean the endeavor to buy stocks when they are quoted below their fair value and to sell them when they rise above such value.
Our asset allocation has not changed in twenty-three years. It has been 100% allocated to common stocks. Prior to that, that is prior to the fall of 2002, we had been 100% in two-year government bonds for five years.
We are looking for opportunities and we don’t much care what category they’re in
It is value investing pure and simple with a concentrated portfolio, but the companies must have really good growth prospects.
If I have to bite at stuff that is out of my happy zone, I’m not a .334 hitter
You must be logged in to post a comment.