|
Stocks
May 13, 2020 15:54:33 GMT
Post by arbi on May 13, 2020 15:54:33 GMT
Buffet is good and his words of wisdom are worthwhile but you don't have his capital, level of research, depth of knowledge or experience to emulate him. His announcements are always after the event. So I'd not use him as a shield. If you study Buffett's moves, you will see that he jumps too early in the market. The same applied to the Global Financial Crisis of 2008. He jumped very early, and then he wrote his article in the papers. After the article, there was an additional leg down for stocks. In reality, you could buy in lower prices than him and outperform him and his Berkshire company.
|
|
|
Stocks
May 14, 2020 7:26:46 GMT
via mobile
Post by Deleted on May 14, 2020 7:26:46 GMT
Ok, proof of the pudding... What have you made annually using this principle? arbi
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Stocks
May 14, 2020 22:26:22 GMT
Post by macq on May 14, 2020 22:26:22 GMT
For people who are especially following a lifestyle,multi index/asset or targeted date policy it might be worth searching for an article "how much risk should i take?" justETF Academy (a brief but interesting look at weightings rather then which passive/active/funds/stocks etc)
|
|
|
Post by arbi on May 15, 2020 19:53:09 GMT
Like it or not, Buffett is a market timer. Is it a coincidence that value appears only with timing? I don't think so.
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Stocks
May 25, 2020 11:45:50 GMT
Post by macq on May 25, 2020 11:45:50 GMT
just followed a link from Saturdays post on Monevator blog called - Who invented the Index fund? (from the Get Rich Slowly site) Which i found an interesting read as i did not realise how far back the passive v active debate went or which "big" industry name was involved in the argument at the time as against
|
|
sd2
Member of DD Central
Posts: 621
Likes: 224
|
Post by sd2 on Jun 4, 2020 21:32:28 GMT
PIBs noticed during the crash that nationwide 7.25% had fallen below £100. Didn't buy, minimum deal to high. Bought Acorn income ZDP shares 6% below there value. I can't remember exactly but I will get 7% annualized. Redemption February 2022.
started buying shares on the 2nd February that share has done bugger all. Bought on The 7th a disaster but starting to improve. Bought on th16th February good. Then 18, 24, 26, 27 March and 14 April. All great, including smithson up a lovely 63% gain My timing was very good....or very lucky!! PS nearly all investment trusts. Apart from legal and general up 38% on 10.5% dividend. Gleeson on what would have been a 6.5% dividend up 19%. Did change city of London for Aberdeen standard equity income Trust during the last 7 days other than that done nothing and don't expect to for a couple of years depending on how long it takes to get back to normal. What ever that might be!!
|
|
|
Stocks
Jun 8, 2020 1:21:18 GMT
via mobile
Post by elephantrosie on Jun 8, 2020 1:21:18 GMT
Not going to follow buffets purchases, but just want to analyse his moves. Where can I see what he bought?
|
|
macq
Member of DD Central
Posts: 1,924
Likes: 1,192
|
Post by macq on Jun 8, 2020 8:02:23 GMT
Not going to follow buffets purchases, but just want to analyse his moves. Where can I see what he bought? if you have enough money & did want to copy - the Berkshire Hathaway home page is a good place to start with plenty of links
|
|
cwah
Member of DD Central
Posts: 949
Likes: 468
|
Post by cwah on Jun 8, 2020 12:03:31 GMT
I bought load of brk.b. best investment so far
|
|
hazellend
Member of DD Central
Posts: 2,361
Likes: 2,179
|
Post by hazellend on Jun 8, 2020 14:31:37 GMT
I bought load of brk.b. best investment so far When did you buy it? Looks like it’s underperforming American and all world indexes this year
|
|
cwah
Member of DD Central
Posts: 949
Likes: 468
|
Post by cwah on Jun 8, 2020 16:07:53 GMT
I bought load of brk.b. best investment so far When did you buy it? Looks like it’s underperforming American and all world indexes this year I bought at 190. That's because they are low on price that its good time to buy
|
|
hazellend
Member of DD Central
Posts: 2,361
Likes: 2,179
|
Stocks
Jun 8, 2020 17:00:56 GMT
via mobile
cwah likes this
Post by hazellend on Jun 8, 2020 17:00:56 GMT
When did you buy it? Looks like it’s underperforming American and all world indexes this year I bought at 190. That's because they are low on price that its good time to buy It’s okay but you would have been much better off buying SP500 index tracker which is what buffet himself recommends.
|
|
cwah
Member of DD Central
Posts: 949
Likes: 468
|
Stocks
Jun 8, 2020 17:23:25 GMT
via mobile
Nomad likes this
Post by cwah on Jun 8, 2020 17:23:25 GMT
I bought at 190. That's because they are low on price that its good time to buy It’s okay but you would have been much better off buying SP500 index tracker which is what buffet himself recommends. The s&p is just 5% down from its all time high. I think most gain have been recovered. Whereas brk.b is still 15% down from its all time high. I think it has way more chance to grow. And is well placed against potential downturn with 25% cash position. So for this current crisis it's much better to own a cash rich stock with high grow potential than the S&P which was already overbought and is even more now
|
|
registerme
Member of DD Central
Posts: 6,189
Likes: 5,996
|
Post by registerme on Jun 8, 2020 21:35:11 GMT
Whereas brk.b is still 15% down from its all time high. I think it has way more chance to grow. And is well placed against potential downturn with 25% cash position. Why is brk.b still down 15% from its all time high? Why do you think it has more chance to grow? Why is it holding so much cash? How is it positioned to outperform given COVID-19? Will it manage to? It still has succession issues, what are they priced at? It still has lots of political risk, what is it priced at? It still has lots of regulatory risk, what is it priced at? It might still have lots of derivative risk, what is it priced at? etc
|
|
cwah
Member of DD Central
Posts: 949
Likes: 468
|
Post by cwah on Jun 8, 2020 21:47:06 GMT
Whereas brk.b is still 15% down from its all time high. I think it has way more chance to grow. And is well placed against potential downturn with 25% cash position. Why is brk.b still down 15% from its all time high? Why do you think it has more chance to grow? Why is it holding so much cash? How is it positioned to outperform given COVID-19? Will it manage to? It still has succession issues, what are they priced at? It still has lots of political risk, what is it priced at? It still has lots of regulatory risk, what is it priced at? It might still have lots of derivative risk, what is it priced at? etc Good questions. Do your own due dilligence before investing
|
|