Thanks, will read it.
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You will love this.
Being in the book trade the rep selling in The Zulu Principle gave me a pre publication copy of the book.
I was too busy to read it at the time.
I finally got around to read it,and then I got a copy of the Financial Times,and noted the stocks Slater had mentioned had rising substantially...
I really did miss the bus there....lol
Basically, Mr Slater is looking for competitive advantage, strong cash flow with net cash or modest earnings, a share price below the business’ long-term intrinsic value before investing in companies.
He has always suggested concentrated portfolio, not to do over-trading and the important of selling stocks if fundamentals are going to get worse.
Even though he was a supporter of growth stocks, he has looked at great value as well. That’s where he excelled against all other growth writers and investors. His value principle is very useful for value investors.
"The book also introduces the concept of running profits and cutting losses which, once one can come to terms with admitting an error, is almost always the best course of action."
If one followed Zulu principles in letter and spirit and not as per one's own interpretations or whims then HGH should have been sold in full back in August 2022 ??
Longer, since Jan 2022, death cross June 2022, now 45% off the high. https://invst.ly/12s76e
Dont go after me mate ...I am no body ...me just got out as I didnt like your Jeff's attitude towards small investors and how he bullied us during CR ...that was my decision to exit fully at some loss but it was surely not based on TA or balance sheets analysis ...
Me was just having fun as I remember u being vociferous supporter of Jeff and HGH even when it was looking tough times ahead ...U kept your faith till very long ...dont know whats your current status ...but u surely lost lot of love for Jeff now I reckon ...