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

To: Elroy who wrote (55717)	7/22/2015 12:00:16 PM
From: Paul Senior	4 Recommendations Recommended By Cautious_Optimist Grommit Jurgis Bekepuris sjemmeri Respond to of 78744

Since you asked, I generally hold at least 200 stocks among various portfolios. My average holding period is maybe about three years. I have held shares in some stocks for more than twenty or thirty years. Before I buy a stock I try to anticipate if I will want to add if the stock averages up or if I will average down if the stock drops. I like to build positions over time -- thus I usually make a small initial buy and add more later. My basic modus operandi on this thread is that I post what I consider to be value stocks or close-to-value stocks that I am buying. This to give everyone a chance to consider the company/stock for themselves. I might mention the stock again, if somebody responds to my post. I may mention the stock again if I'm buying more and the thread's inactive or I just feel like adding a post. With some stocks I have more than 15 successive adds over time. I might mention a couple of the adds I am making, then stop. Generally with my first post, I feel I've given everyone a shot at looking at the stock. If they don't like the business/stock/my post, well, we move on to other stocks and ideas. I would suppose by now, at my old age, that I would be used to the idea that I might look at things differently from most others. Still surprises me though. Sometimes I get it right (my ideas); sometimes not. I'm fairly sure though that my best stock successes (largest percentage gains in a stock) come from posts where I mention the stock once or maybe once every couple of years, and there's no comment response and/or there's no discussion of the stock again. (i.e. no one seems to have an interest in taking a position in it.) You might notice that I don't much post my sales. The purpose of the thread is to find/identify value stocks. If I'm selling a stock that I've made a profit on, I feel that I've given everyone a chance to buy it when I mentioned my buy here, and that you either did or didn't buy it. And if you didn't, you missed it, so what's the point of my mentioning my sell unless it's to boost my ego or my reputation. (That's presuming I made a profit. I have lots of oil stock losses. Embarrassing to post those losses -g-) Two instances where I might mention I'm selling: Sometimes I'll mention a sell, because I'm just giving up on the stock and taking my losses. I offer a post such as that as a contrary indicator: my sell point could be somebody's successful starting buy here. And If somebody mentions they're selling a stock, and I hold the stock and decide I will sell too, I will generally post that. Although I'm moderator here, this is not the Paul Senior thread. I try to refrain from posting about my stocks that the stock jumped up, or that their earnings are out, or that the company's been acquired, or that the company's hit a new high, or that the company's been favorably mentioned by a pro value buyer or in a business article, or that the stock's cratered because of terrible earnings, etc. etc. I mean with 200+ stocks, this would become the Paul Senior thread if I posted such info. lol