RE: Great people buy GREAT stocks....21 Nov 2022 12:12
One of the best books I've read on investing is 'Zurich Axioms' by Max Gunther. I've read a lot of investing books but this one goes against the grain of traditional wisdom of investing. I've used this methodology to manage risk and POLB is one of my key investments having received 100k freebies from the ORPH spin off, I continued to buy at the start of the IPO and as the SP fell averaged down (mosts gurus tell you not to do this) to increase my holding to 500k and at the the current SP now showing a 65% profit.
My purpose in sharing this is to show what is possible by sticking with the principles in this book and would welcome any views from others that may have also read it. IMHO I am still very bullish on this stock and will continue to hold.
Always DYOR and GLA.