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


To: Paul Senior who wrote (74686)12/29/2023 11:04:40 AM
From: Elroy  Read Replies (1) | Respond to of 78764
 
50% possible, doable imo

I think it's pretty hard to have a 50% year with a few stocks.

My big investment in 2023 was NGL. It's up about 100% for me within 1-2 years (bought it a few times). This is super duper exceptional.

If you got 5-10 stocks, and invest them in equal amounts to start the year, I think the odds of the portfolio going up 50% in one year is below 5%, maybe less. The only way it has even a remote chance is if the market goes up 30%, and you get one or two super performers.

Year in, year out, no way.



To: Paul Senior who wrote (74686)12/29/2023 11:55:16 AM
From: Harshu Vyas  Read Replies (3) | Respond to of 78764
 
I wonder how Buffett would do it? Use his rolodex to get good tips/information? Search through the stock market like he did when he was 25? Maybe I misunderstand: He would make 50% per year, but that would be over a several year timeframe so as to let some of his picks work out for him?

The source is "The Snowball". $9.8k at 20 to $174k at 26 averaging 61.5%/yr. His strategy seemed simple. He'd buy something keeping "most of his eggs in one basket," hold it and when he found something more undervalued than his current holding, he'd sell his current holding(s) for a profit and reinvest. GEICO, Western Insurance, Rockwood, Philadelphia and Reading Coal & Iron, Cleveland Worsted Mills are some of the names he owned.



To: Paul Senior who wrote (74686)12/30/2023 2:34:26 AM
From: Sisyphus  Respond to of 78764
 
quoteinvestigator.com

“put all your eggs in one basket, and then watch that basket.”

Andrew Carnegie (June 23, 1885)