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Re: [sharechat] Buy recommendations this year on this forum

From:	"Mike Hudson" <mikehudson@clear.net.nz>
Date:	Sat, 22 Jul 2000 22:03:55 +1200

Robert wrote

"With all due respects, if I had a 13-stock portfolio,I'm sure I'd be doing much
better.p.s. I am sure there would be few investors onSharechat with that many
stocks in their portfolio."

I have 49 listed securities on five exchanges. Admittedly 15 of them are Investment Trusts or other grouped investments. I know this is taking diversification to the extreme but I don't care.The results have not been bad, I have averaged 21.5% per annum after tax for the last four years.

Cheers

Mike H

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