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


To: Graham Osborn who wrote (57651)7/31/2016 10:44:45 AM
From: Paul Senior  Read Replies (1) | Respond to of 78715
 
Reading your posts re GOOG, I can say "arghhh". lol.

Until now I had believed I had made every possible error in investing/speculating -- and at least twice and maybe even still am making them. I haven't quite done what you have though.

You and macro: "getting my butt kicked by ECB/BOJ"

Meanwhile, while you try to scope out the forest, you fail to act when there's a huge tree right in front of your nose: "my brother works for GOOGL" "I've had the opportunities to talk with ad agencies over the past few years who talk (favorably) about GOOGL". How and why you have missed GOOG -- not even having a few shares -- might turn out to be a regret - and a reminder of it that sticks with you for years and years. Ha! --- as in my case, as my sister occasionally good-humoredly reminds me: "Advising" her not to buy apple when it was maybe about $6 maybe about 11 years ago. Don't now remember exact date/price -- but I know she did buy and never sold a share, and it's been a tremendous $$$ benefit to her for her retirement. (The only person I personally know who's made 100:1 on a stock.) At least I eventually few years later started to accumulate shares -- of course never could catch up anywhere to her accumulation/gains.

Don't know your financial situation or relationship with your brother, but just to have protected myself from being shut out totally, from stubbornly refusing to buy, and if only to possibly even garner a little profit and to be able to say to a family member, "I may be late, but I do recognize the strengths of the company, and I have a few shares too", I would be a buyer. Of course, that's jmo, just my personality, just my proclivity.