if you had to go "all-in", page-32

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    I would offer the opinion that "no-brainer multi-bagger" is an oxymoron, or perhaps some exotic species of unicorn only visible to the febrile imaginations of hotcopperites.

    If truly only 1 stock? Imagine if was your super fund. No recreational factor - Telstra. Communication isn't about to go out of fashion, so even with (more) bad management, there's be something like 2/3 capital salvage.

    Rule #1: preserve your capital.
    Rule #2: repeat rule #1 1,000,000 times. Daily.

    But for recreation money:

    1. Look for upside.
    2. Look for a warm inner glow (very consoling when it goes belly-up, truly).
    3. therefore pick your favourite biotech - my current fav. is Allied Healthcare Group (AHZ, formerly BioMD/BOD). Last year it was Avexa/AVX.

    Discl: holding buckets of AHZ/AHZOA, a few AVX. Not holding TLS.
 
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