Godot, thank you for your kind words. That 300% gain in 27 months is true, and I believe there is a big "luck" component in it on top of my solid investing approach. I am telling myself everyday not to let this carry me away, stay cool, no margin on long side, no options, keep that 35% cash in large liquid stock so I can sell it and turn short relatively quickly without market impact.
Please understand I will not post every move here. This is a free forum and nobody is paying me to do that. It is natural that if I find a small illiquid stock, I would quietly accumulate and don't post here. Occasionally I post what I own just to keep the record, I am hoping in the future people can come back here and read my back posts such as stating ALVR was my largest holding at $1.86 in Feb2003, and my reason for continue holding it at $4,6,8, and know I am not faking it, and want to invest with me and profit from my methodology. I definitely have Warren Buffett's early partnership years locked on my radar, and my past 27 months 300% gain beat his best 27 months performance. I am not saying I am a better investor than him, I know I am not even close. In fact if I can have 0.1% of his success ($30B), it would be $30M and I would be quite happy, and I think my investors would be happy investing with me too. Thanks for reading my long essay and good luck to everyone! Steve168 |
