Judgement Day, page-14

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joseph1652

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02/04/18

10:09

Post #: 32164447
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Originally posted by Autosime ↑

Wazz
When you are allocating your money - you have to ask , is this is the best place I can invest my money . With so many stocks with upside potential , why would you invest in one that still will need to raise money to drill even one more well and is losing money . Time is the friend of good companies and the enemy of poor ones. I currently hold 7 stocks which is a lot for me - probably the most diversified I have been in years - but with each of these stocks I have a clear explanation of why I think the company is worth more , but it’s never on what they may announce or may find. It’s all what they offer now and the downside protection - about the risk adjusted return .
As buffet says
Number one rule - dont lose capital
Number two rule - make sure you follow the number one rule

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You mean to say ,Buffet never lost money when investing ,

FPL Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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Judgement Day, page-14

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