machiismo.. he doesn't have the foggiest idea about anything.
"It works, try to switch on your computer first."
Haha very funny Falky. :-) But it apparently happened with an old dear who called in and said her screen was black. After some time of "Have you tried this... have you tried that" it turned out... yes, you guessed it.
Oh dear Sam... I appeared to have touched a very raw nerve. No 'flouncing out' mate ... just a pre-arranged meetup with (real) friends. It called having a life. Try it.
Shotgun... you're starting to freak me out with this stalking of 4 year ol posts. Something's not quite right up there, mate. Looks like you've tried it in real life. It could land you in Court. Or worse.
Anyway, for anyone interested, I've 'google' 10 year preformance for funds that spring to mind as top performers. Not strictly comparable, as they target different Investment Sectors.
Different sources, and some of them given as annualised gains, so have extrapolated in case some have shorter than 10 year histories.
Berkshire Hathaway (US stocks) - 4.2x
Fundsmith (Global) - 5.00x
Lindsell Train (Global) - 4.2x
Lindsell Train (UK) - 3.2x
Fidelity Special Values (UK) - 3.0x
Scottish Mortgage (Global Tech) - 7.7x
Ah... so I do post my trades! Thanks for pointing that out.
I look at my overall portfolio, rather than individual shares or trades, as real Portfolio Managers do. Which is why I know you're not one. I asked you first time, you shifted this way, then that, not giving me any sort of an answer - "I keep them on a spreadsheet"... and when I asked again... "I've got 33 holdings"...
Since you ask - unlike you, I keep a track - my (UK based) Portfolio has gone up 6.52 times in the past 10 years. While taking out some dividends. I suspect, without checking, that matches the better Fund Managers' performances fairly well.
Perhaps you could tell me how Lindsell Train and Terry Smith have done (being the best performing of the UK Fund Managers).
I take it you live alone, except for your mother? That's really sad. I guess this kind of thing is the only social interaction you have. Never mind, I'm off now to meet some friends.
Gosh, you've trawled back 4 years! Sad.
Oh yes Saga is a clanger. Unfortunately, covid did for them. But they're hanging in there.... but no Investor - not a single one - can claim (I've certainly never claimed it) that they never have them.
Not even Warren Buffett (remember Tesco?), let alone the likes of Woodford. There's one chap in the US (can't remember his name), considered a real Superstar Investor in his time, who went "all in" on Sears. It went bust, and he had to eventually close his fund .
But, If you were a real Investor, you would know that. But you're not, are you?
As for posting on other BBs, I have 15 stock holdings (not 13 as I estimated previously). Unlike you, I've got better things to do than brawl and shoot 'em all up. What "Deca Millionaire" does that, while helping his Mum out with the washing up???
I think the more you talk, Scatterwag, the more of an a$$ you make of yourself. £22bn buyback on a £36bn market cap Company. Yeah right.
But of course as a serious Investor - Not - you would know all about shareholder approvals and legal restrictions on such things.
Better you keep very quiet because the more you say, the more you expose your lack of Investment knowledge.
John, I'm certain he wasn't allowed to go near any Portfolios to manage. That's very obvious. Banks employ people in many areas... bank clerks, tellers, trade finance clerks, trade settlement clerks, door staff, chauffeurs..... the list is endless.
Ahhhh welcome back Scatter... your post-night shift sleep over?
Talking about posting trades, a pointless exercise. I remember when I first started out as a Fund Manager (in the 1980s), calling my boss in the U.S and saying... "I want to buy xyz stock for 150, but It's gone up to 155 overnight. Should I wait for the price to fall back?
His reply... "As Investment Managers, we're not worried about the odd dollar here and there. When we put a stock on the 'Buy' list at 150, we're looking to exit at 250 or higher. It doesn't matter if we buy for a five or ten dollars more, or sell for a few dollars less".
Watching your frequent trade posts as though it's a 'bage of honour'.... that's precisely why I don't rate you as an Investment Manager, but a 'penny watching' trader.
I'll give you two examples in my own Portfolio. I bought VOD an ITV for 105-106p last year. I wouldn't have worried if they fell to 90p. I'll think about what to do when they reach 170-200p. (that is, if they're not taken over).
I bought Barclays (going from memory) at c 106p. Sold c190p. I bought HSBC at whatever... I'll be looking for 600-700p. Stanchart I'll be looking for 700p.
Lloy I picked up at 34p ish. I'll be looking to exit at c 57p, only because of the tax year end. If it gets to 62p (my target) before then, all the better.
I'm not saying this to beat my own chest. It's just that a Fund Manager looks at things differently than someone who runs around like a headless chicken because Lloy fell from 53p to 51.5p. Or 51.25p.
ZIRP, they have - as you correctly point out - been saying this for 12 years. Of course they will be shown to be right eventually.
In the meantime, S&P has gone up three and a half times, and Nasdaq has gone up 5 times.
I have found over several decades, there is never a moment when there is nowt to worry about. Or to find things to be positive about.
The only time I thought things were really serious was when the Banks came within a shade of going bust, taking all our moneys, real ones that is, with them, during the Financial crisis. The Banks have significantly strenghthened since then. We hope.
And?.... strange how every one of your spray bullets "hit the jackpot", Scattergun. The Coroner must be fully occupied digging out the bullets from the victims.
I myself, backed a winner @18/1 in 2015. I've been dining out on it ever since...
Oh hello... time to get to bed.
"Pete Schiff , Jeremy Grantham and Ron Paul , talking about the forthcoming Financial crash ."
John, these jokers (although I do like Ron Paul as an intellectual politician, so is the only one to be taken half seriously) have been shouting this nonsense for 10 years now. They've been on RT - that refuge of cuckoo Economists - regularly.
Uncrossing Trade. Means nuffink. Except to Scattergun, who'll claim he just bought £76million quid's worth.
Yeh Scattergun... I stuck £1,000,000 quid (or was that the Indian Rupee?) e/w on the 50/1 "Too shy shy" in the 15.20 today at Lingfield. How's that for starters.?
An 8 figure fantasist. Yeah Right. I'm "SURE" you are. Not.
I've got news for you Scattergun.... the Italian Lira went defunct years ago. Why are you working nightshifts? Time and a half?
You shooting up the Casino again Shotgun? Finished your kip after the night shift?
Swings and roundabouts, Volcano. Yesterday pre-market the FTSE 100 Futures were reading off by 125 pts. It swung around.
So I'll take this positive to negative swing in the FTSE 100 Futures to minus 44 pts quite happily.
Good grief PCA, two hours! Do you take over from Scatter Gun while he pushes off for his night shift?
Cornsland, one lesser known fact is that the Americans had missiles in Turkey pointing at the Soviet Union. These had to be removed immediately as well. The Yanks tried to say they would delay removal quietly after 6 months - so they could claim "victory" in the crises - but the Soviets wouldn't have it.
88... if the virus strikes again, we're f----d. There is no way he'll be able to repeat his lockdown instructions to the gullible sheep to "Protect The NHS".
I used to be a fan. absolutely no longer.