Sunday, October 18, 2009

Change Up

I'm starting to think about adapting a new investment strategy. I think this whole value investing thing is best suited to someone with more money, more experience, and more time. Hopefully one day I'll be in the position, however the reality is that day isn't today and won't be tomorrow for some time.

I am going to start looking at companies hitting new highs, coming out with new products, and trading at over 20x PEs. My jewish personality might go into cardiac arrest when I make a purchase but my irish gambling side will enjoy the rush.

Now however I will have to follow some rules because this style can be more risky. Cutting my losses at the typical 7-8%, no exceptions, should keep me safe.

A change in style is first a change in thought. I'm cool with that as long as I leave a passage back.

Friday, October 16, 2009

No Time

I just forget about this blog sometimes therefore it will never be successful. I'm not gonna lose any sleep over it. I treat it like more of a journal anyway.

Natural Gas worked out if I had stuck to my double down strategy I would have made a +50% return. I had some uncontrollable cashflow issues that got in the way, so I'm just looking at a small gain somewhere around 5%.

I've got some information on a small cap company I think might be worth a 50% return over the next month. I've entered the position, time to sit on it.

Ain't no rest for the wicked..




If everything bad was wrong, I'd never be right.
- WDS