Jurgis Bekepuris, I really don’t intend getting into a "slanging match" with you regarding what I earn, or don’t earn, with my investments on the stock market.
Why you, and several others, find it so hard to believe that it’s possible to earn in the order of 30% to 40%/annum, on a regular basis, on the stock market is really beyond me !
Maybe you have your doubts because your regular annual returns have been far less than what I, Dr.Posel and several of my clients have achieved in the past.
If that is the case, then you may want to re-evaluate the criteria upon which you base your stock analysis.
I find it strange that you, and several others, have been prepared to spend so much time with "my case" of "40% per annum", bearing in mind that, on another Board, we have someone who apparently achieves Returns of 50% per annum !!
In fact, I wouldn’t be at all surprised if, in the future, he achieved in excess of 50% per annum, were he to remove some of the poorer performing stock from his portfolio and put a greater investment into the better quality ones.
If you don’t like what I write, or regard that what I say is in any way unacceptable, then why don’t you just do what several other Board members have done and put me on "Ignore". Surely that would relieve you of this apparently terrible "burden" of exposure to my posts. Rest assured, I certainly won’t take any offence should you take that course of action.
Judging by the numerous constructive PM’s and e-mails I’ve received from other "Value Investing" Board members, it’s become apparent to me that you, and Carl Worth, and several others do not represent the opinions of each and every individual Board member.
A very good, verbatim, example in this regard is the following ....
"To this end, I'm curious as to how you define "value" and I'd like to learn your "process". Mind you, while I did have you on "ignore", I won't in the future.
By the way, I'm a fairly "young" value investor, myself. I started reading Graham and another value investor recommended a few books about Buffett. I'd love to see you contribute to the thread."
Therefore I see no reason, whatsoever, to deviate in any way from how I conduct myself on "Value Investing". |
