About immodesty on investment boards
Lango thinks I am immodest. Maybe he is right - occasionally, but I think that some of what he refers to as immodest I prefer to think of as transparency.
I think transparency on investor boards is a good thing, mostly. I have made money from the experiences of others - JimisJim, fbe, sfme, baldrick, bootz, tomm and others. I know that some people have made money from stocks I have mentioned - sometimes I have beat the drum for those stocks, other times I have just reported that I own them. Heck, even WLD and LJK have posted some of their trades and successes or not so succesful moves.
Helping each other learn about stocks, about sectors with which we are unfamiliar, bouncing around ideas, suggesting that others do their own DD - these are things that happen on good boards. Lango may consider it immodest, but I rejoice in successes and share mine and congratulate others on theirs. I believe on putting it out there, the good trades, the bad ones, all of them.
A lack of transparency, a refusal to discuss these investment related decisions and moves on an investment board provides the gentle reader with very little basis on which to weigh the words of those who post.
Some really enjoy discussions about the details of hardware, of software, others like to discuss the goods and bads of management. I like hearing how people are investing and trading. I like to hear retail reports like the ones Lango used to write about his chats with people who work in the retail chain and those of fibait.
So, I will continue to report trades and investment decisions - though probably not all of mine. I will continue to be occasionally immodest when I experience success. When I experience unprecedented success, I may display unprecedented and irrationally exuberant immodesty here :).
I won't post Spurs scores, but how about those Cardinals and that Pujols?
