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

To: Harshu Vyas who wrote (74691)	12/29/2023 1:10:22 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78764

Yes, that's how he did it. How would he do it now though? I assume you are going to find or are finding stocks similar to what he scoured the market for, and repeat his steps.

To: Harshu Vyas who wrote (74691)	12/29/2023 1:47:03 PM
From: Elroy	Read Replies (1) \| Respond to of 78764

he'd sell his current holding(s) for a profit and reinvest. I'd be interested to see his firms's capital gains tax payments. His numbers are large, so he's gotta be at the 20% long term tax rate on each sale. Weren't capital gains taxes a lot higher than 20% in the 60's and 70's? I don't see how any big boy investor can pay 20% taxes on profits, and do anywhere close to 50% without some miracles happening.