market update, page-36

wrxinvestor
I have no idea how to read charts...and I don't think I be good at it :-)

The market most of the time is correct, sometimes it has a flu and misprice securities.. Was the market correct when they price CCV last week at 62c? ... and FLT was dumped
at $4.50 during GFC just because it wants to preserve cash
and temporary suspend dividend ...to me that business should be rewarded for prudent capital management.

I bought my stocks purely on fundamentals and its management and sit on my ass all year round

sometimes I miss time the entry price but the out comeis always the same .. it rewarded me with capital growth after 5-10 years and increase dividend...

Seriously I have no fear buying QBE from $17 all the way down... I have another few options for QBE so depend
on how the price move Friday and people fear enough to pay
me the premium I will be their insurer :-)

I work on the same level as QBE business, I take on people's put when the premium is right and offer me high Return on Equity