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$1.06 platinum asset management limited

BALANCING CHINESE ASSETS OFFERS A RARE OPPORTUNITY FOR INVESTORS, page-13

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vic_wattle

3,480 Posts.

98

05/09/19

19:50

Post #: 40329489
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Originally posted by MarsC ↑

Well Vic, you do whatever seems rational to you. If you think real businesses are on the same rollercoaster as "securities", then you have deeper insights than I.

And on The Church of Graham, much as his disciples insist he advocated "Businesslike" investing, which he did, he also advocated a highly diversified "net-nets" approach. An approach that entertained a relatively cursory knowledge of each business, but relied on a deep margin to balance sheet. This does not seem particularly "business-owner-like" to me. It's more "security-owner-like".

But, the opportunities were there for the taking, so it was rational for him to do so. Ultimately, that's what he advocated above all else, rationality.

So keep trying to do what is rational. I certainly aim to. Maybe eventually we will both get there.

Expand

How do I buy a business?

I buy a security and buy the dream its mine. I fall in love with my business. I am a business owner I am.

I'm rattling on now, going round in circles. Will pipe down

Last edited by vic_wattle: 05/09/19

PTM Price at posting: $3.90 Sentiment: None Disclosure: Held
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(20min delay)
Last $1.06		Change -0.010(0.94%)		Mkt cap ! $617.0M

Open	High	Low	Value	Volume
$1.07	$1.07	$1.05	$506.1K	479.4K

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No.	Vol.	Price($)
19	36329	$1.05

Sellers (Offers)

Price($)	Vol.	No.
$1.06	40833	31

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No.	Vol.	Price($)
19	36329	1.050
16	57365	1.045
17	126391	1.040
9	34007	1.035
9	111837	1.030

Price($)	Vol.	No.
1.055	53191	37
1.060	71126	21
1.065	91759	23
1.070	194350	19
1.075	90627	10

Last trade - 12.48pm 21/05/2024 (20 minute delay)


Last $1.05			Change -0.010 ( 1.01 %)
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