Originally Posted by
Snow Leopard
Buying into a company over time in several separate purchases at (probably) different prices, whether it be dollar cost averaging or your scheme is a wonderful way of hedging.
Prices go up and down even when the fundamentals remain the same and provided your parcels are not so small that the brokerage is significant it is a more sensible way to go for most investors.
You are ramping. No matter how convinced you are that OCA is the greatest thing since KFC you should have a limit on how many you hold.
One day one of you high conviction stocks may well turn on you in dramatic fashion.
I know there are many examples of successful people who bet big and won, but the many who lost the bet still exist, even if they have been forgotten.
Whilst I believe that the current share price is less than current fair value, I do not believe it is a screaming bargain buy, but it is being seriously over-hyped on this thread.