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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: RMF who wrote (52904)9/6/2013 12:25:54 AM
From: koan  Read Replies (1) | Respond to of 85487
 
Because I am a liberal. He hates liberals. I am sure he would find many reasons to say bad things about me. Lot's of people on this thread hate liberals.

The coal play was being played by a lot of people. As I recall Rocket Red was pretty hot on it. I was never a cheerleader on that one.

But it was really a stupid play by me. I got caught up in the momo.

I really got busted up in 08, as I didn't see gold plummeting. After all the world financial system was about to collapse. I lost 90% of my portfolio.

I don't really remember the sequence of things exactly, but between 08, missing the bulk of the 08 bounce and then the coal trip I did terrible and later when I could no longer figure the market I quit.

I was about to retire, but had to go back to real estate full time.

If I see a new move though, I could get back in. NGD A wts still seem a valid paly.

But I know if I need a Class a Wt portfolio guys like onepath will come to my aid.

I taught onepath how to play wts and then he got better than me. I was arguing with a bunch of people about things like intrinsic value and time vaue, etc and the only one who figured out what I was explaining was onepath.

After that he and I developed a great friendship. He is a very fine person and as good at these resource stocks and wts as anyone.



To: RMF who wrote (52904)9/6/2013 12:31:30 AM
From: average joe  Read Replies (1) | Respond to of 85487
 
I have nothing but appreciation for Koan. When I'm in doubt I check to see what he thinks and I adopt the opposite position. I am blessed to have him in my life.

As far as the coal play goes my company was a major participant in it and we made millions. Sad really because we knew early on it was low grade crap and flipped our land position.

Remember - JAX - NAR - STA

If you want something solid that pays a dividend try this.

BPF.UN

bpincomefund.com