going green, page-48

But I am not down 75% on ORG more like 10%, and AGL positions are actually legacy holdings in the $2-$3 range, acquired most likely before you were born. The dividends we have collected from AGL are astronomical and they’ve been reinvested elsewhere - the power of compounding. The only time I added since then was the raising for the coal plants in 2012 or 13, I can’t remember.

5x on an ASX20? So you did buy pink sheets, APT! I cannot justify the lunacy valuation of that company. Albeit, it’s down over 40% from its highs. That, or you’re using CFDs etc. A large diversified and real portfolio should be benchmarked against an appropriate index. I’m not a child playing with a small amount of money hoping to land a 5-10x in a year to buy a new car. Very different objectives here. Anyway I’m not going to get into a battle of ‘I have x amount of money’. I’m just pointing out that standard portfolio management is beating the index, not a get rich quick scheme which is dangerous, risky and generally luck.