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Re: goodh2o1 post# 723

Saturday, 01/07/2017 12:03:56 PM

Saturday, January 07, 2017 12:03:56 PM

Post# of 2137
Impressive that you spoke with a janitor at one of your investments. Everyone talks about DD, but for IHUBers that mostly means reading company PRs. 95% of penny stock scams can be detected by visiting the investment and looking aound. And if the company can't be visited (for example, it's outside the country), just pass on it. There are 10,000 stocks to choose from (counting scammy Pennyland).

Probably best to forget about trying to outsmart Mister Market by examining BRK's tax rate. Buy a portfolio of good stocks like BRK and check back every 5 or 10 years.

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