Forum Archive Index - August 2000

["Steve Moxham" <steve@ezysurf.co.nz>]

Re: the Sunday exercise I would be looking for a company with good margins, a strong brand, and high mkt share. e.g. BCH or WHS. Another possibility would have to be WAM. They have had an excellent record of growth and I don't see the business of trash disappearing in a hurry. It remains to be seen what effect RMG will have on BCH but I'm keeping the faith. RMG may also be a good punt from these levels. Regardless of all the sceptics I also like the look of FRU. Looking at my selections it seems obvious that I am a growth oriented investor with a tendency towards higher risk. 

So if I'm understanding this correctly I'll die a horrible death if my stock is "lower" after 3 years? Does that include dividend payments? =)

I'm sticking my head out here (eyeing up closely the blade of the guillotine) and sinking the lot into FRU. I'm feeling lucky. Or stupid.

Time will tell.

Date of public execution: August 13 2003

 

There are some interesting articles in the Sunday Star Times this morning for readers who have been following the forum. Page one of the business section carries an article on ADV and their shinnanigans with this years reporting. Their methods can only be described as patronising. Sack the PR firm.

 

There's also an article on FRU and their debut on the market. Someone wrote earlier this week about Red Bull winning a case against FRU over their use of a catch phrase. I thought Red Bull's catch phrase was "Red Bull gives you wings", not "Vitalise body and mind"??? To me this seems quite important because the phrase is the inherent PROMISE or hook that defines the benefits of the product. i.e. What will this product do for me? Nevertheless they'll come up with a new one if need be.

 

Ben will be pleased to know that surfers spend the most time on investment/finance websites (14 mins), not xxx sites as many may have perceived!

 

Finally there was an interesting article about American futures trader Ray Kelly under the title "Know yourself, make money". Isn't there someone on this forum who adopts the mantra of the Zen trader? This is a particular interest of mine regarding the psychology of the markets. He says a large part of his success is due to picking a trading strategy that suits his personality. Last week I spoke with someone who does very nicely just trading two stocks on the ASX - A good strategy that may well suit his personality.

Anyone interested in personality may be interested in these websites: http://www.keirsey.com , http://www.ansir.com  & http://www.kingdomality.com 

Also check out "The Cube" by Annie Gottlieb.