Member Info for DC2007

1. Preserve principal. Invest in only the highest quality businesses — don't overpay Then do nothing.

2. Supplement with minor opportunistic trades as they present themselves.

Boo fits the secondary criteria only to me.

Scared is how it comes across. Notable too is the inconsistency in your willingness to comment on others' predictions, yet won't disclose your own.

If dividends are what you want, why not buy something that's already paying them and has a good track record of doing so? Boo might never pay a dividend; and before 2025 looks v. unlikely. When are you expecting dividends to start?

Claiming price predictions aren't 'your thing' doesn't really stack up. Any decent investor makes these calculations again and again in the process of investment decisions. Comes across more like you don't wanna say because you're scared of being wrong.

Sincere or facetious I can't tell, but gross either way and something to keep to yourself.

Mate, you're abit of a worry and maybe need time off here. Have u thought of taking a break?

The worse things go for Russia, the more they might consider nuclear options to regain authority and save face. That's some ace to have up the sleeve.

On what basis would the West directly intervene if it did go nuclear? They've so far said they can't because Ukraine isn't in NATO. But if they came under nuclear bombardment, they still won't be in NATO! Are the West's hands still tied then to leaving Ukraine to fend for itself, albeit with supplied arms and aid?

Reminds me of no.1 Boo fan peoplepower. Not seen them in ages. Wonder why?

Luck will last only so long 69. Like t4g and their smoked Boo investment. Stops are occasionally useful, tho I rarely use them.

You miss the point altogether t4g – by either failed sophistry or successful ignorance, I can't really tell.

1969, another one with their brain firmly lodged in neutral too. Ah well, c'est la vie.

It's fundamental economic and investment theory; it's explained in any standard textbook on the subjects.

It's a cousin of the Gambler's Fallacy & Sunk Cost Bias t4g, along the lines of 'it's only a loss if I sell'. Value is eroded/amassed independently of whether you sell/buy.

In your example, your investment lost 43% (before you 'averaged down') *because* the asset came to be valued at 43% less than at some previous time. This lost value, from that point in time, is 'carried' into every future valuation, indefinitely. That your buys or sells change this *in your frame of reference* doesn't alter the underlying economics of the asset's valuation.

No, that's fallacy about not making or losing a penny until one sells! Whenever the value of the equity changes, you've made or lost money, irrespective of whether you actualize it by selling. That's so basic, yet beyond the great t4g.

The plan might work spectacularly for 1 in 10 retirees; but the other 9 would be worse off and some destitute as their 100k pot evaporated.

You added to the waffle. No war is predictable, even less so when one of the main actors appears unhinged. If the war ended next week, do you really think all the damage to the global economy would be undone at the same time? Or perhaps that heals up the week after.

Good-quality RNS issued under such trying circumstances.

Not nearly as certain as you portray. Those fanciful figures are plucked out the air it would seem.

What of the possibilities of capital loss, stagnation or embargo?

Rifle makes a good point - something that can rise 50%/day is just as susceptible to a fall of the same magnitude.

Only kidding. #Greedisgood #Morals4losers

'Shocker of a comment'

This morning, you were contemplating alcohol infused celebration at the surging share price enriching you. Not much of a basis to be moralising by teatime.

Nuclear escalation endangers the entire world, where ever it 'lands'.

Perhaps draw yourself away from you portfolio valuation for just a moment: you might begin to grasp the perilous situation the world is now in and witness the human suffering you're implicated in.

NotsoMassiveRay would be a more apt name. Enjoy your little echo chamber buddy.