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bar1080

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bar1080

Re: VeronicaFox post# 911

Tuesday, 10/24/2017 11:17:02 AM

Tuesday, October 24, 2017 11:17:02 AM

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Singles vs homers in investing.


"How many IHUB-type pennies made it to the NYSE? I think I found one a decade ago that really did it, an unlisted drug stock and even that had a pretty convoluted history.

The common focus on hundred-baggers is counterproductive to enduring investing success. Buffett's had remarkably few huge, quick winners (one Chinese stock, as I recall).

Mostly Warren bunts singles, sometimes steals second. Almost never does he "park" a stock. And he rarely strikes out. He's like a baseball player who made a fortune by staying on the team... batting .260 for 70 years!"

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Because the Good Life is Just a Pump or Two Away

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