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


To: Investor2 who wrote (52491)10/13/2013 6:23:54 PM
From: Paul Senior  Respond to of 78476
 
Right. Not the greatest example for ltb&h -- Berkshire/Exxon/others are better. Nevertheless, it's been good enough for some/many. Certainly has been for an acquaintance -- she started off in a dirt-floor shack, lives comfortably retired now in a nice home -- her results a combo of luck and perseverance and time. I mentioned my understanding of how she did it (mostly with Chevron stock) here:

Message 27271949



To: Investor2 who wrote (52491)10/13/2013 9:05:16 PM
From: E_K_S  Read Replies (1) | Respond to of 78476
 
Hi Investor2 -

Re: CVX

My top holding in the portfolio and I have even peeled off shares as it got too large of a position in the portfolio. I picked up TX years ago (mid 90's) as it was a value buy and paid a good dividend. Then it was bought out by CVX and I took the CVX shares.

I guess it is good to be lucky too. It was and still is a buy and hold position for me.

I also own COP and XOM. My most recent buys have been in COP in 2011. For me, XOM may be the best buy at this time of the three (CVX, XOM & COP). I have also been adding BP.

EKS