After all, individuals like Nick Molnar and Anthony Eisen don't...

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PigsMightFly

7,705 Posts.

2797

23/12/21

20:04

Post #: 58494733
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Originally posted by picastoc: ↑

"Buying value shares at the right time can almost
guarantee great results with much lower
downside risk. I personally bought into a fairly
conservative deep value fund last November and
sold recently with a 60% capital gain plus the
dividends they paid me"

Interestingly, you fail to divulge how many years it took you go achieve a 60% capital gain in your diversified "deep value fund", so that tells readers nothing really. However, you appear to be lauding the value of diversification. What does Warren Buffet have to say about that?

"The greatest investor of all time – Warren Buffett – once stated that “diversification is protection against ignorance. It makes little sense if you know what you are doing.” Mr Buffett has a point – most of the wealthiest investors are the furthest thing from diversified"

After all, individuals like Nick Molnar and Anthony Eisen don't choose to "diversify", do they? Neither does Tim Goyder...... Yes, most of the wealthiest investors are the furthest thing from diversified.

Sorry, but I sense some envy in the words of your post...

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After all, individuals like Nick Molnar and Anthony Eisen don't choose to "diversify", do they?

ROTFL. They have been flogging huge parcels of shares for years to buy real estate. Then they decided to sell the company to SQ. You can bet your life they will liquidate their SQ holdings ASAP after the takeover.

APT Price at posting: $85.40 Sentiment: Sell Disclosure: Not Held
7 Upvote

2 Great analysis

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