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16-03-2017, 12:27 PM
#4221
 Originally Posted by Paper Tiger
But five stocks at 50% plus is like more than 250% 
Best Wishes
Paper Tiger
I guess there are only three stocks he would be happy to have 100%.........= 300%.....lol.
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16-03-2017, 12:37 PM
#4222
Originally Posted by Paper Tiger
But five stocks at 50% plus is like more than 250%
Best Wishes
Paper Tiger
Nah, I mean at various stages I have, and would have again, 50% or more in any one of those five stocks at any given point in time, my max ever percentage in one stock to date is 85% of total funds. PS-Dont try any of this at home. PPS-As you can see I'm not a believer in over diversification anymore.
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16-03-2017, 12:49 PM
#4223
Originally Posted by iceman
In my view yes Roger, this is one of not too many opportunities on the NZX, looking long term. So the money Jeff/Heartland didn't want from me has gone to SUM.
Good on ya mate. I would go more but I have set a self imposed 12.5% maximum allocation to any one share for 2017 and beyond for a few reasons.
1. No person can predict the future with 100% chance of being right.
2. I honestly believe, (with all due respect to my very good friend Couta1 who is a top bloke and a real gentleman), that a well diversified portfolio of good quality stocks makes for an optimum risk / reward investment methodology.
3. I like to sleep at night
4. I have enough grey hairs already 
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
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16-03-2017, 01:18 PM
#4224
Originally Posted by couta1
Nah, I mean at various stages I have, and would have again, 50% or more in any one of those five stocks at any given point in time, my max ever percentage in one stock to date is 85% of total funds. PS-Dont try any of this at home. PPS-As you can see I'm not a believer in over diversification anymore.
Who was the 85% ?
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16-03-2017, 02:35 PM
#4225
Originally Posted by skid
Who was the 85% ?
You mean who is the 85%, that is Spark.(XOS divvy strip)
Last edited by couta1; 16-03-2017 at 02:37 PM.
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16-03-2017, 02:47 PM
#4226
Originally Posted by couta1
You mean who is the 85%, that is Spark.(XOS divvy strip)
Would have never has guessed that... how long ago did you gather that 85%
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16-03-2017, 03:16 PM
#4227
Originally Posted by LAC
Would have never has guessed that... how long ago did you gather that 85%
Over the last fortnight.
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16-03-2017, 03:18 PM
#4228
They have best bean counters / finance people as well
https://www.nzx.com/companies/SUM/announcements/298356
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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16-03-2017, 03:19 PM
#4229
Originally Posted by couta1
You mean who is the 85%, that is Spark.(XOS divvy strip)
Gee I would have guessed AirNZ! 
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16-03-2017, 03:20 PM
#4230
Originally Posted by couta1
Over the last fortnight.
Ya one in a million Couta! 
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