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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (41200)	1/27/2011 9:15:34 AM
From: nikkei86	Respond to of 78615

Dale, my thoughts exactly. You can find some very interesting situations among the stocks that aren't followed by Wall Street. By the time the street picks up on a stock, it's generally too late. As far as volatility, I'm usually bored by it. I've been in some penny stocks where the price dropped 50%, 75%, and my sleep wasn't affected at all. In fact, I think I slept better for some reason ;-) I knew the value, and it ultimately came through. For some reason, 10 stocks seems like a lot to me. In the past, because of my situation (undergrad, now grad student, no time for serious research), I've usually committed 100% of my capital to 2 or 3 situations. Otherwise I just play the macro moves. But I don't hesitate for a second to go all-in on stocks I believe in. It all depends on your situation. Obviously, a guy on the verge of retirement should be very diversified.