BLR black range minerals limited

price correction, page-15

  1. 3,048 Posts.
    First of all.
    Thankyou to Vivonne (not sure of the spelling) for a succint post with good points to debate. I disagree with you but your ideas have merit and are worth debating (or debaiting for the leftover tadpoles here in BLR land).

    One interesting gentleman who loves to bait and bullsh*t is Clarkkent (again don't crucify me on the spelling) on this chat group. He claims to be a terrific trader yet holds around 40 stocks. Clearly if he understood the Nobel winning idea of Diversified Portfolio he would recognise it improves performance up to 8 stocks (in diverse industries) and tapers off after 15. My point is that you lose credibility with the ASX 200 as your signoff to a posting as master trader.


    The point of this posting is the rebuttal of Vivonne with the idea that one stock may not make up the big portion of your portfolio. Warren Buffett's ideas on trading are to research a company, find out as much about it as you can and then press the dollars in. He has held large positions in many companies previously to make his fortune and has the opinion that a diversified portfolio may not be the best way to improving wealth.

    Now I am ready for the brickbats!

    Saracen


 
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