| | | It's not a matter of just or only picking stocks that are better than any other stocks. It's a matter of constructing and maintaining a portfolio. At least I assume that for those of us here who are established in life, and been on this thread for these many years.
So maybe UAN is better than anything else anyone wants to bet on. We/those of us, are NOT going full-out with the Kelly Criteria. No matter how safe or how good UAN appears to be, I assume we will not bet our portfolio only on this stock, and we will continue to diversify among other stocks/bonds/etc. to try to protect portfolios that have been built up over a long time period.
So I assume that for those of us who are in with UAN, the argument that it's better than anything else, is meaningless for further decision-making in deploying cash. Future stock buys are considered in light of safety of the portfolio. Thus for example in my case, I've got UAN, enough I believe, and any further stocks I am buying will be of other stocks among sectors where I believe it's beneficial for diversification/safety/performance. |
|
