Every investor on the stock market has their own goals, strategies and levels of risk for their investment portfolio.
If I was a hugely successful investor and had made a fortune on the stock market, I wouldn't be posting on HC. I'd be relaxing on my motor cruiser in the Whitsundays!
It is of interest to read the strategies of others, but often luck, and being in the right place at the right time plays a role in making a successful investment.
ABU, on paper, has a lot going for it and should become successful one day, but the POG, the $Aussie and market sentiment all play a part in determining its sp.
Warren Buffet was once asked about his most successful investments and he replied: "Gillette, because every man has to shave!" Also, "Supermarket Chains because everyone has got to eat!" (Although Tesco is a loss making supermarket chain investment for him at the moment.)
Good luck to all investors, it's a very hard game to win consistently at, about 90% of investors lose money.
Let's hope that ABU is a winner of us all!
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