Quote:
Originally Posted by BC69
Greg -
Believe me, I am all about getting in and holding, I am young, I can sit on losses for 15 years for all I care until they turn black. That's why I finished with that line. But I do think even in picking the long term holds you maybe need to dig a bit deeper. Understand secular vs. cyclical trends, what risk factors lay ahead, competitive positions, and I believe alot of that is priced in, and shows up in the multiples.
Being on the private side, I couldn't trade single name stocks, so I am full of index ETF's which I will hold for a long time. Now that I get into single names more I use much more caution.
The theme here, I get it and support it, just as I saw more and more posts about individual names and not around philosophy I put in some caution, and it certainly gets complicated, but I think having that in the back of your mind helps.
Tim
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AH HA! Yeah -- I caveat those "individual names" with === THIS IS JUST AN EXAMPLE.... we're not really trying to discuss the individual names. I use them as a teaching example. For instance -- my post about the "EX DIVIDEND DATES" that I can find in Seeking Alpha.... it's not about those names but rather about what information is available SHOULD SOMEONE WANT TO KNOW...
We've been hammering dividends - and there's all these terms used -- so things like this is good info (IMHO) for Investing 102... How they're paid - when - what to look for etc.
It's easier - I think - for someone to see by using a real life example. I think people get it "more" than just a broad discussion about theory etc.
I often find myself wanting to dive into a deeper discussion -- and actually spend a lot of time typing up a post only to delete it because when I read it before hitting the "submit" button -- it's not really relevant to the "102" basis this thread is about. While I "know" it - whatever it is - doesn't really mean it serves a purpose here. It's kinda like posting up about EFI in a guys thread when he only asked about adjusting the idle screws on his Holley...
I've been holding back "too much" info - until someone asks about it.
I can say - this has been a fun and rewarding (for me at least) thread. Just to see people interested and talking has been just huge!