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Strategies & Market Trends : Value Investing

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To: TimbaBear who wrote (18912)3/19/2004 8:18:44 AM
From: Dale Baker   of 78673
 
I follow the same policy as long as the stock being held isn't exceeding reasonable valuation multiples. I also avoid margin; if I needed cash for the new play I might sell a current play that is within 5% of "fair value" as I see it.

Adding the new position diversifies the portfolio and lowers overall risk too.
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