Really ? How then have I managed to consistently outperform the market so comprehensively by adopting a value / GARP (Growth at a reasonable price) approach ?
Maybe I have just been consistently lucky...year after year after year after year ?...or is such a random consecutive yearly series of luck a plausible explanation for consistent market outperformance ?
Maybe its just a "hackneyed meaningless saying" in your opinion and earnings really do matter ? Whatever your theory mate, I will stick with mine because I know it works so well I'm not changing it !
just while you are talking about this aspect of your performance, and sorry for off topic everybody but I am curious as to what did you do with your VGL. I believe you had some around the time they were way up at the historical highs.
For the record I had a very few purchased at the highs but I tripled that holding during the lows because I could easily still without having more than a percent or two of portfolio involved
VGL was a very, very small position in late 2018 that I subsequently decided upon refection did not meet my investment criteria. I closed that position out at basically break even.
Wishing Rob Campbell a long, healthy and happy retirement and also best wishes to Julian Cook with whatever path he chooses to tread next.
Last edited by Beagle; 16-12-2020 at 11:28 AM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Originally Posted by winner69
Reply With Quote
Well done Summerset.
Bookmarks