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


To: KaizenInvestor who wrote (71674)12/5/2022 11:32:03 PM
From: Paul Senior1 Recommendation

Recommended By
Spekulatius

  Read Replies (2) | Respond to of 78743
 
"is always better to have the best companies possible"

For me, I gave up on persuing that idea years ago.

I always chose the wrong company. Is it the company with the best history (earnings)? The company with the most leverage and so might do the best relatively with improving prospects? Is it the company with the least leverage/least debt and so is the safest? Is it the company with the strongest or only insider buying? Is it the company with the best or most analyst positive expectations? The one with the supposed best management? Etc.

I always seem to choose wrong. Even now when I post on a stock and somebody recommends another in the same category, that other pick often looks better than mine.-g-

So I've decided, that since I can't figure out the best, that in a sector that's downtrodden, I'll just try for a package of such companies and stocks. (And even then, a lot of times the best performer turns out to be one that I didn't buy.)