Graham Osborn. You likely should keep your explanations brief for me. -g- I believe we operate on different planes, and I'm not likely to understand or follow what you are saying in any case.
I'm just not going to be able to understand how anyone can have any confidence to put anything other than a tiny bet (not 1 of an 8 stock portfolio) on a company(USNU) that has $2M market cap with three (?) employees and $3M in revenues, and reasonably be able to expect the company to grow for ten years, increasing tangible book value. This is a company that apparently relies on NYU Med Center for 90% of its revenue, which entails using a "gama knife or knives" for radiation treatment procedures.
I am totally befuddled, bewildered as to how you invest. SAFM seems to be now the third stock you've posted on here that you've bought where you've sold it out within a day or week because of something or other that caused you to believe the buy was a mistake. Of course you need to do what you need to do, and you will have valid reasons for doing what you do, I guess. As I say, we must operate on different planes. I see SAFM as a viable business, one of the big three in chickens. Reading where Buffett describes capital-light vs capital-intensive businesses and immediately concluding that SAFM is a sell, because SAFM has mostly fixed tangible assets --- well, that is inexplicable reasoning to me. Maybe just to me --Other people may understand completely though.
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I'm going to say that your picks could go up many fold. I won't argue that. I just don't see how/why though. My opinion is that if with these stocks you are looking for microcaps which might go up a huge amount to offset losses or poor gains in other microcaps held (your comment about 1 such winner overcoming 49 that zero out), then the portfolio should hold a bunch of such microcaps to increase your likelihood of actually including one of the winners in your group. It seems to me you hold now too few (maybe they're hard to find, as you may have said).
I will try to give you the last word. |
