Queen Elvis18 Sep 2016 11:02
You make some interesting points in your post . I do not short term trade because I don't have enough information to make snap judgements , With Debs , remain a long termer based on belief that it is a good outfit . The stores are pleasant and busy . The strategy seems sound . Thus I have been buying steadily for years . I have sold only once and certainly did not make a profit . As you know , I have an interest in WMH and , given your analogy of backing a horse , I would extend that further by saying that punters in bookies are very quick to tell of great winning bets but more reluctant to recount big losers . Investors are the same . I have made some real " brulachs " over the years ......Invensys;Bank of Scotland;Punch:African Minerals ; NMT . However , in the main my steady eddies have bailed me out . Thanks for thought provoking and honest posts . It is refreshing to read honest opinions that do not insult fellow dabblers.