tag:blogger.com,1999:blog-2149523431587168680.post2369103164609188319..comments2024-01-16T00:12:23.220-05:00Comments on Oddball Stocks: Certainty in investingNate Tobikhttp://www.blogger.com/profile/05660387777171986124noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-2149523431587168680.post-52704469534238508312017-11-20T11:32:01.991-05:002017-11-20T11:32:01.991-05:00A land investment business design is an outright n...A land investment business design is an outright need for the individuals who need to genuinely make property investment their business. <a href="https://imgur.com/ydz3Tow" rel="nofollow">investment article</a><br />Sjadenhttps://www.blogger.com/profile/10434750061328639664noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-73293731292771038162013-01-14T16:01:13.688-05:002013-01-14T16:01:13.688-05:00Sorry to hear about those mails Nate (hope you don...Sorry to hear about those mails Nate (hope you don't get any more in the future, though I doubt that). On the upside, it's good to see another person whose driving force in investing is not speculation but certainty. It's a rough road we're trudging right now, so going for an overly risky cash move has to give way for a tried-and-true approach.Michael Stewhttp://www.buzztalkland.com/author/mikestew.htmlnoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-22713539103193259142012-10-29T18:40:38.936-04:002012-10-29T18:40:38.936-04:00In summary, you are saying with certainity we will...In summary, you are saying with certainity we will be able to minimize the degree of loss. the question is why every great investor talks about minimizing the degree of downside and say upside will take care of its own. Why can't we aspire for something like 20-30X ? <br /><br />When we buy stocks , we buy partnerships in the bussiness. And I don't know many bussiness which can grow 20-30X in next couple of years. Startups or turnarounds tend to have the potential to grow a singnicant amount. But that begs the question, what percentage of the companies do grow to that size. How many startups are brought to IPO and than make it big. For last decade or two, we can count them on fingertips. But i am sure there are countless startups which failed. So the chances/percentage of hitting the jackpot are minimal. So, it is better to be rational and rational person keeps his expectations low but reasonable and concievable. And if you keep losing money in the hope of hitting the jackpot, either you will be left with nothing to buy anymore or you have to work really hard to get back to starting line. So, be reasonable and acheiving 15-20% on investements is withing reasonable range.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-28173061641186481032012-10-27T08:37:16.721-04:002012-10-27T08:37:16.721-04:00I agree with most of what you're saying. But o...I agree with most of what you're saying. But one thing you really have to consider is: "Will that cash ever be available to shareholders?"<br /><br />If not, then the net-net aspect of the company may be an illusion. Some managements lie around with excess cash for 5 years without distributing/re-purchasing shares with the motivation that they want to create/invest in organic growth. <br /><br />And if the business in such a case goes sour, a net-net can go from net-net to overpriced pretty fast. dgforvaluenoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-37450346717901876632012-10-26T16:55:10.784-04:002012-10-26T16:55:10.784-04:00I really enjoyed this post. Great common sense. ...I really enjoyed this post. Great common sense. Thanks.<br /> JillAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-89935116898711974542012-10-26T14:59:04.324-04:002012-10-26T14:59:04.324-04:00Just a thought, but maybe add this to an FAQ? It ...Just a thought, but maybe add this to an FAQ? It would be a shame for new people to have this post be buried away in the archives of your site.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-17197532341020238412012-10-26T14:02:19.171-04:002012-10-26T14:02:19.171-04:00Preferring something doesn't mean all the time...Preferring something doesn't mean all the time in any circumstance regardless. So yes while I prefer certainty there are times I will invest in something uncertain as well. Schuff is a good example, there is certainty in the value of the assets, which I am buying at a slight discount, and it's a strong company that has weathered many cycles in the past. So the speculation is they will continue to do in the future what they've done in the past. <br /><br />The uncertainty with Schuff is the debt. Really any company with debt has that wildcard. I also doubt Schuff will return 10x, maybe 2-3x. They are fascinating. Nate Tobikhttps://www.blogger.com/profile/05660387777171986124noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-22088177039374206242012-10-26T13:54:34.204-04:002012-10-26T13:54:34.204-04:00"I much prefer an investment where the absolu..."I much prefer an investment where the absolute maximum loss is small to non-existant verses one where I have the potential to make 30x my money, or lose it all."<br /><br />Then why do you write up and invest in "Schuff, a potential 10 bagger, or bankrupt?"<br /><br />I love your blog, but this doesn't really make sense.writsernoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-54342049541453685182012-10-26T01:48:11.450-04:002012-10-26T01:48:11.450-04:00great post.great post.jeffhttps://www.blogger.com/profile/17760356835994559641noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-82313577564310462412012-10-26T00:22:26.468-04:002012-10-26T00:22:26.468-04:00Ha! Great comment, I don't usually go there, b...Ha! Great comment, I don't usually go there, but I like to see what's been posted about companies I own, usually nothing, or not much.Nate Tobikhttps://www.blogger.com/profile/05660387777171986124noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-48891860829421068962012-10-26T00:15:58.380-04:002012-10-26T00:15:58.380-04:00Amen. PS - Just stop going on Seeking Alpha altog...Amen. PS - Just stop going on Seeking Alpha altogether. You are better than thatAnonymousnoreply@blogger.com