RE: Volume4 Aug 2023 04:02
Fleccy is the number one person on here I look to read comments of. His investment strategy is basically the same as mine, a belief in strategy, the fundementals and the reinvestment and compounding.
But what I see in Fleccy is the same flaw I see myself. Cheap shares allow reinvestment in perpetuity, but instead of reinvesting in cheap shares in perpetuity , we would be better served by £3 tomorrow,and a bull market and sell, and wait for the next fall and reinvest the lot.
The way Bt shares have fallen, rose with mediocrity and fallen again - stagnation - we haven’t had that opportunity. Other ftse 100 stocks have had this, or have had growth over the years just gone.