how are you going to play this?, page-27

Dear K111,

If the "geo" is an oblique reference to me, then that is dumb. If it was not, I apologise in advance.

I have trimmed my whole portfolio (averaging 97% ROI) to maximise my exposure to MEO. I now have a considerable stake in MEO, which I first bought at 12.9c!

Of course I know about maximising profits and minimising CGT. The point which I was making in an earlier post was that investors should first focus on making profits, and only secondly, worry about CGT.

If you go into stocks with a bias to "minimising CGT", you will miss great opportunities. The classic example is property investment - I tried it once, and 1 year's experience was enough to teach me a lesson.