SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ahhaha's ahs

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lhn5 who wrote (7599)3/9/2006 4:49:03 PM
From: ahhahaRead Replies (1) of 24758
 
Well that is the mathematical average of all comers.

Yes, all.

A rare few may do better than the average even over the long haul.

Nope. A rare few may do better over the short and and intermediate runs. This is well demonstrated by the failure of 99% of fund managers to outperform the SP500. Next period, the remaining 1% fail.

I would expect to be one of those few.

That's why you invented your self-serving conclusion. You'll have good years and bad years. In the long run you'll just relearn what all who survive learn.

My current 'asset allocation' is that my largest position is a beer and pizza restaurant I have owned shares in for about 6 years,

That is a different kind of investment. You become more directly involved, so you are inside. My comments refer to investment in public companies by non-insiders.

next largest is a tiny tech company no one has yet heard of,

Good luck. You need insider status to survive there.

then oil and gas including oil sands, and some metals. Not much else.

I'm losing the marginal interest I had in metals. Oil sands = a losing proposition. It's a lose - lose deal. Better be ready to apply the 5% rule.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext