weekend aftermarket lounge 15-18 nov, page-70

Heya 64eheh - Indeed they do.


Extract from a post of mine in April.....

I know that choosing small caps offers you leverage and "excitement". We know the platitudes of the double edged sword of leverage, and it's nice to have an exciting trade. But is it best business practice to chase that excitement?

In effect, stock selection == excitement factor.

Really?

Make your money and buy excitement I say. Dostoyevsky, author, alcohoic and problem gambler used to say (from memory) "my greatest joy is winning, my second greatest joy is losing". He was not a man without insight, despite his faults, and he recognised his problem and still could not deal with it.

Once you recognise that excitement is a component of the trading experience...be careful.


Full post at
http://hotcopper.com.au/post_single.asp?fid=287&tid=1980988&msgid=11606571#.UogODCfiSN4

MF