Enjoying a vacation south of Cancun. Do it yourself value investing’s long term approach and margin of safety make vacations stress free. Plus the stock market has had big gains this week. Love it.
Introduction to Doug and experience in value investing with an overview of value investing learned from experience and from reading resources like Intelligent Investor book. References included to Warren Buffet, Benjamin Graham and David Tepper Lessons learned and about StockStory.ca site.
It appears the market is afraid of a possible slowdown in Apple’s (AAPL) growth in their next earnings and has dropped the stock from the $130s in 2015 to below $94 in Feb of 2016 for a drop of 20%. In my opinion this is shortsighted and speculating rather than investing. It is time for […]
This month I added 25% to my position of China Yuchai International Limited (CYD) on November 10th. This stock is now 4.7% of my portfolio The purchase was at $12.03 per share in US$and the stock price at the time of this post is $12.13. My next buy point will be if it comes down below $8.00. In summary China […]
This month I added 42% to my position of TransGlobe Energy (TSX:TGL) on November 11th. This stock also trades on the Nasdaq as (TGA). I purchase on the Toronto Stock Exchange because I want to save my US funds for american stocks. This stock is now 2.2% of my portfolio. I bought in at $3.35 a share […]
Fair to great value stocks are harder to find when the general market is over-valued and easy to find during crashes. It requires patience to not jump into overvalued situations and the nerve to jump into undervalued situations. This is harder than it sounds because you are going against popular opinion. It is going against the popular decision that […]