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Gold/Mining/Energy : Hecla Mining(HL) -- Ignore unavailable to you. Want to Upgrade?


To: Roebear who wrote (210)1/2/1998 1:24:00 PM
From: Terrence Von Holidae  Respond to of 629
 
Roebear:

I've concentrated all investment into Hecla, primarily, but have a bit of Battle Mountain Gold as well.

I have a different approach to investing than most: I find it more expedient to identify an undervalued asset, assess its likelihood for recovery and begin acquiring it to the exclusion of much else. I think it is truly the only way to grow wealth; simple diversification guarantees stability, some growth, but ultimately at the expense of outperformance to the market in general. It is the reason cited by R. Rainwater for concentrating the Bass family's assets into a few properties when hired to grow their fortune.

So, whether $5,000.00 or $150,000.00, it is a 100% solution for me.

Keep me up to date on your activity, your trading demonstrates a good common sense understanding of the market.

Yours, T.V.H.