Thanks for responding. I hear ya when you say diversity. My goal is to run maybe ten stocks or so. The Great One, Peter Lynch, said you only need five. Right now, I have the luxury of not needing to sell to buy because I am trying to build a solid, conservative core portfolio.
I used to call every hotline, but now I only do the Friday hotline. You are right about the cost of the calls adding up. I notice he never announces a sell or a new recommendation on the hotline, so I don't feel uneasy about dropping Wednesdays.
I hear ya when you say buy the WSW portfolio or Tom's Top Ten. I can't resist doing due diligence, though. I also like to know as much as I can so I can decide whether I like the idea of being in the business. I never bought HET, for example, because I simply don't like the idea of being in the gaming business.
When I ask about MNNSY research, I am using that as a proxy for all the ADRs. I too have heard that Europe is where the USA was maybe 5 years ago and has a lot of potential. I signed on with JD because I wanted to diversify outside the USA. Once the Euro gets going, Europe will have quite a large economy and I want to be invested in it.
So, thread, where does one get solid research on ADRs? I can't be the only one here who tried to second guess JD! |
