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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (42044)3/30/2011 1:02:37 AM
From: Paul Senior  Read Replies (3) of 78683
 
There are two things going on here, imo, Madharry.

There's me and my liking of CVX, and my experience with employees who've bought and held this stock.

There's my acquaintance who never worked at CVX, but bought and held that stock as a major part of her investment portfolio.

Fair enough to say there's plenty of risk with working for a company and making its stock a significant holding. And also, fair enough to say there's survivorship bias with looking at this as a investment method.

I point out though, this acquaintance, using only her limited academic skills and limited funds, but looking around at investment possibilities, found CVX and invested in it and held on to it. (Aside: self-taught, she can talk bonds/annuities/stocks/real estate.) It seems to me what she's done is the exact Buffet espoused way. What stocks have you guys found that you have been holding for ten or twenty years or more?
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