Forum Archive Index - September 2000

[Brian Gale <brigale@i4free.co.nz>]

That list doesn't look so bad to me Roy.  Depending on the
weightings it looks as though it would have worked out quite well not
forgetting bonuses (GPG  1:10 each yr) and dividends.
Presumably being a smart investor you would have dumped BRY around $1.
Otherwise there are some substantial gains. Would be interesting to see a
full  P/L . 

I don't think anyone would propose that stocks are held for 5 years
without reassessment where changes occur that are obviously going to
change profitability.

 Regards
Brian

At 13:29 19-09-00 +1200, you wrote:

> 2.  Holding shares over 5 years does not
> mean you will make money. All that investment claptrap is done using
> indexes to prove a point. Bad investment decisions are still bad
> decisions even after 5 years!  ( Have just looked at a portfolio I
> managed for a sharegroup 5 years ago.)
> Holdings included
> BRY at 1.30
> CHH at 2.70
> GPG at 1.03
> LNN at 2.86
> OWN 2.06
> POT 1.25
> TEL 5.00
> So on the "investors" theory  we should be able to go to
> the Bahamas on the proceeds.
>
> Bah Humbug.
>
>
> Roy