All your negative posts that spring up only when the sp is under pressure, it's just trolling to fit your own agenda.
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Why Chinese's Goods and Dairy are Untrusted and Cheapest??
They skipped the regulations and qualities checks, these steps cost the Western, Australia and New Zealand a huge cost to add on the price.
They bear the cost of living and greedy of their personals by corrupted the persons in charge of Checking Regulations to make money.
The materials are skipped, the steels are mixed with others cheapers minerals and getting thinners in standards, the foods are unregulated, the water and soils are poisoned and they grow veges and sells.
These bears a huge cost to the standard of Dairy for the Western to add on the cost. Funny enough the products come out do look the same, do feel the same, and consumers may feel better due to strongly Advertisings, saving cost and support the Communist Party but they fail and hide on promises of qualities.
The higher educated Chinese young generations won't let that happens to their children and lives, they have money, the research show : Chinese middle income and billionaisr are increasing at a level never before.
They understand and have knowledges to use the Western dairy's Aus and NZ, Usa...
Look at Cosco stores open in Chinese and how they were rushing to buy the Usa goods.I am sure there are also Chinese's locals stores next doors are selling those goods for just $1,2,3 dollars...
P/S:Please correct me if I am wrong on the basis of the thinking.
trolling rubbish. my first post for a while here highlighted the chart breakdown happening and has proved in hindsight correct this far. you may not be happy im right so far but im sure someone is happy for the post and if you are short at the moment im sure your happy.
None of your downramping/trolling to push your own agenda is going to make one scrap of difference to where the sp of this company will be a year from now, I have a seven figured sum invested and are fully researched and confident that long term the returns will be outstanding, I'm not interested in a short term myopic viewpoint, I think the same about my other big holding HLG.
Human psychology is a curious thing my friend. I find myself when at times I have an oversized position in a company its very easy to get myopic vision myself. The other thing that tends to happen is confirmation bias where one consciously or subconsciously simply ignores negative information. I see many posts on here from holders of large positions which indicates this propensity towards myopic vision and confirmation bias are widespread and common tendencies. I avoid grossly excessive positions now days because I find its very difficult to be objective, dispassionate and non emotional. Quite apart from that I believe excessively large positions invoke significant additional risk to one's portfolio and it may be best to sit back and ask oneself why am I taking excessive risk by being concentrated in just a few stocks ? Is it greed, gross recklessness or what is it that drives one to do this ?
There is almost universal agreement amongst investment professionals that a well diversified portfolio gives the optimum balance between risk and return...however that doesn't stop some people from thinking they know better. Good luck, you're going to need it to get out of this hole you dug for yourself. I'll leave you alone to lick your wounds for a while.
Kingfish's approach of having 60% of their investments in their top 5 stocks, and only 15 selections, after long and very thoughtful reflection does not sit especially comfortably with me. Barramundi is spread over approx. 25 stocks and their biggest position is about 7% (top 5 positions total about 30%). Fair to say there's a vastly higher number of growth stocks on the ASX than the NZX. Its become very clear to me that seeing as I pick most of my NZX stocks myself, (and won't pick individual overseas stocks), I can achieve vastly better portfolio diversification by investing in Barramundi and Marlin.