Peter Lynch called it 'de-worsifying' when you spread beyond your top pick in each sector, and he had what, six or eight sectors in mind ... but, as we juniors aficionados have come to realise, there really aren't any other sectors worthy of note, except maybe the oilpatch ... and most all of these puppies have a slim but reasonable chance of hitting big, as you point out, they're lottery tickets even when you stay careful and stick with the ones with proven resources ... couldn't believe baystock there, says he's put 100% in cmm.v, well i like it a lot, even with the Peru play, but no way will it go past 15-20% .... well, who knows in some hypothetical short term period, rules are for breaking, but generally i plan to broaden out quite a bit over the summer, as ammo becomes available
pfn.to - you still follow them, eh ... remember talking about them on momo puppies years ago? ... the share has a fairly normal predictable seasonality to it, i had them on short list last tax loss season ... got more interest now in your rdv.v, had a small bid in last week even
aru.v - when [not if] the t.o. comes, imagine the cash that gets re-injected into the sector, plus that which is attracted fresh from all the attention ... this is what made the '95-'96 market, headline discoveries ... and here we are, ten years later, it's Time again |
