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Second, I’ve been investing on my own without noticing what gurus or analysts are saying or buying. In fact, I have noticed that when everyone agrees on a stock that looks cheap, this stock is not cheap anymore, whatever the metric are saying, giving you no better chance than the average to beat the market. And beating the market is not a option.
In the next articles, I’ll track over time the return of my previous articles to show you the record of the stock I’ve recommended.
I personally have kept a track record of 20.45% since February 2007 to this date, with almost 75% of value invested in stock and around 25% in bonds when the crash happened. This is why you need to
know the core of the business before investing and have a plan when things get bad.
Personal stock I would suggest you to take a look at:
Canada: Trading on the TSE: Fairfax Financial (FFH), holding period 20 years to forever
China: Trading in Hong Kong: Anta Sports Products (2020), holding period two to ten years
12/01/201 => 8.62
20/03/2012 =>8.35 = -3.13% => Buy more
FSLR:
BUY at 41.80 the 12/01/2012
SELL at 41.80 the 13/02/2012 Return = 0%
About the author:
I'm a value investor, reading The Inteligent Investor in 2005-2006 the idea just click for me verry fast, start investing with simulator on investopedia.com in 2006, to validate the theory before investing for real, since that time i had a 20.26% Annual Return(08/01/2012). I begin investing for real in 2009, use to have good return there to :) My biggest position is Fairfax(FFH). Formation: -Holding a degree in colledge in electricty.... I've read a lot from the best investors, currently holding arround 90 books of finance. Took courses of dynamic reading to read more efficiently. Learn almost eveything from those book, only have one course of finance at HEC Univesity last session :)
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FSLR was not inteligent investment if you are in better get out, it those not mean it's not a good company, it's just that there are to much risk even at a low pe and price to book and good financial ratios. The fact that it need subsidies money to stay in business make it risky, it need to rely to much on government to stay profitable. Michael J. Ahearn, the Chairman of the Board, Interim Chief Executive Officer, have notice that and is looking for market that does not need to be supportto much by governement. They change their focus and i think it's a good ide. But before that happen that could be ricky for investor even it they have cash and good liquidity for now. FSLR by at 41,80 the 12January, sell for the same price 1 mount later = 0% of return.....