I've been wanting to write articles for a long time. Finding value investments is difficult, but selling at the right time is even harder. I think for better results an astuce investor should do his own research to figure out the basis of the value investment thesis. As such, to have the confidence to buy more when the stock drops and to have a disciplne exit plan. It's important to understand the business model on your own basis, so to be able to discern market noise from your investment conviction. Sticking to an investment idea when it goes against you is crucial if you have done your own homework.
Second, I’ve been investing on my own without noticing what analysts are saying or buying. In fact, I have noticed that when everyone agrees on a stock that looks cheap, this stock may not be cheap anymore. There is much value to having independance of thinking in value investing.
In the next articles, I’ll track over time the return of my previous articles to show you the performance of the stocks I’ve recommended.
I personally have kept a track record of 20.45% since February 2007 to this date, with almost 75% of the portfolio invested in stocks and around 25% in bonds (ETF of bonds).
Personal stock I would suggest you to take a look at:
Canada: Trading on the TSE: Fairfax Financial (FFH, Financial), holding period 20 years to forever
12/01/2012 => 429.57
China: Trading in Hong Kong: Anta Sports Products (2020, Financial): Target holding period 5 to ? years, a running shoes business to hold for the long run :)
12/01/2012 => 8.62
20/03/2012 =>8.35 = -3.13% => Buy more
10/10/2012 =>6.38 =>-25.9% Buy much more
USA: Trading on the NASDAQ (FSLR, Financial): Target holding period 3 to10 years
BUY at 41.80 the 12/01/2012
SELL at 41.80 the 13/02/2012 Return = 0%
Canada: Trading on NASDAQ (RIM): Target holding period 3 to 10 years
06/07/2012 RIM => 8.10 Buy
http://www.gurufocus.com/news/181501/rim-success-lies-in-paradox
Spain: Trading on NYSE (SAN): Target holding period 4 to 10 years
10/09/2012 => 7.69 Buy
25/09/2012 => 8.01 Sell 8.01$ Return =5.33%
Mistake recognize and explain on 10/09/2012:
http://www.gurufocus.com/news/189560/value-investing-contest--banco-santander-san
USA: Trading on NASDAQ (ISIG): Target holding period 3 to 10 years
04/05/2012=> 1.96 Buy
http://www.gurufocus.com/news/174281/value-idea-contest--insignia-systems-inc-
USA: Trading on NASDAQ (MRVL): Target holding period 10 to 20 years
13/02/2013=> 9.40 Buy
http://www.gurufocus.com/news/208397/value-investing-idea--marvell
