Thanks for the kind words "Im a" I appreciate it. You speak your mind and you and I don't always agree. Similarly, I don't always agree with Creede or others.
I have no problem with negatives, although I have a reputation to the contrary. I learn from negatives from credible posters. I always have. My problem is with those who I feel surface bash with generic reasons and then, often, are optimistic about stocks that are just as risky. I've got similar problems with those I believe are professional bashers, but that's a whole 'nother story LOL.
I recognize that we can't all agree. I may like a stock. You think it has too much risk. We are different individuals. You're probably wealthier and can afford more risk LOL.
In any event, I have posted consistently, despite words to the contrary, that my own success is due to diversification, hard work and NOT falling in love with any one stock, no matter how wonderful the story, keeping the capital structure firmly in mind and how "shareholder friendly" management may be. I don't claim to be a great stock picker and, as I said before, I tend to think that anyone who claims to be right more than 70% of the time, is a liar. (Not intended to be about any specific poster, just a general opinion.)
The math is such that a 10 bagger and a total loss gives you a 5 bagger. I have been able to maximize the plusses and keep minimal the negatives, but I really don't belong on this board. I believe one of my first posts on this board was that I would never go for the board's premise of putting 25% of my portfolio in any one stock. But, I think most of us agree and our recommendations of any stock should be taken w/i that known history. |
