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1jasonoz said:
Who said 20% translated into a 950% return, i didn't??? I gave you examples of some blue chip shares that i have owned , that most people don't look at as being for growth, but in actual fact have been returning well in excess of any dotcom company could(that being the banks in the particular example i gave of an average of 20% per annum from ONE share). ANZ up 33% in 12 months, Westpac up over 20% in 12 months, Caltex up over 100% in 8 months(its actually up by around 140%), etc.
ok, you've named some of these stocks - ranging in stocks that went up 33% pa to 140% pa (approx), yet you claim 950% in under two years? I don't see how you get to that conclusion? Even the best stock you had over 20 months doesn't get you anywhere near 950%
 
1jasonoz said:
Did you miss this;





Who said 20% translated into a 950% return, i didn't??? I gave you examples of some blue chip shares that i have owned , that most people don't look at as being for growth, but in actual fact have been returning well in excess of any dotcom company could(that being the banks in the particular example i gave of an average of 20% per annum from ONE share). ANZ up 33% in 12 months, Westpac up over 20% in 12 months, Caltex up over 100% in 8 months(its actually up by around 140%), etc.

Youve said this twice in this thread alone;



Is it more a case that you have spent 15 years of investing, and are happy to just try and achieve the benchmark returns, and can't work out how someone can get a better return than you have achieved?

Oh and i think you would have picked up this bit, do i expect to acheive a 950% return on the sharemarket every 2 years, NO. Do i beleive that this is normal return for an investor NO. How did i acheive this return, by following Buffetts rules and investing in underpriced companies, that have good company structures, i.e in growth areas, hence me buying heavy in Infrastructure before the average sharemarket leemings realised it was a good place to invest. By buying in comapnies that had good fundamentals, like low P/E, low liabilities, low BETA, high dividend yield, good cash flow etc.

I made the return i did, by buying in early when these companies where underpriced, until the stockmarket leemings woke up one morning and decided that they needed to buy them. If i had the time id tell you my story about MtGibson Mines in Geraldton WA.

Look dude,

all you've said is that the market went up, and so did your shares. there's no skill in riding off the back of the systematic beta of an index.

let's see you navigate the unique risk of the stock in bear conditions.
 
Crow-mosone said:
Look dude,

all you've said is that the market went up, and so did your shares. there's no skill in riding off the back of the systematic beta of an index.

let's see you navigate the unique risk of the stock in bear conditions.
hunting season???
 

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