tag:blogger.com,1999:blog-2149523431587168680.post302853346004099889..comments2024-01-16T00:12:23.220-05:00Comments on Oddball Stocks: What's holding you back?Nate Tobikhttp://www.blogger.com/profile/05660387777171986124noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-2149523431587168680.post-9052956227099392532013-05-05T23:05:52.933-04:002013-05-05T23:05:52.933-04:00Possibly, although as the market's gone higher...Possibly, although as the market's gone higher I've found a higher level of due diligence is required to ensure a potential bargain is a true bargain, whereas in a bear market it's much easier to buy quality on sale.Nate Tobikhttps://www.blogger.com/profile/05660387777171986124noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-54012565298147221762013-05-05T23:04:49.374-04:002013-05-05T23:04:49.374-04:00Again is a misnomer, I've never considered eit...Again is a misnomer, I've never considered either, so to consider them would be the first time..<br /><br />Anyways;<br /><br />AIG - I have never looked at insurance companies surprisingly, I just avoid them generally.<br />BAC - I am no stranger to banks, but I'd rather buy a smaller bank that I understand verses a black boxNate Tobikhttps://www.blogger.com/profile/05660387777171986124noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-74199383966777565352013-05-05T23:02:41.306-04:002013-05-05T23:02:41.306-04:00This type of comments typically occurs during pers...This type of comments typically occurs during persistent bull markets, like we are havinv right now. Once stocks with issues get shot again like a thug in a dark corner by an overzealous cop, the pendulum swings the other way and bloggers will post how doing due dilligance avoids making stupid mistakes.Clownbuckshttps://www.blogger.com/profile/10229774833219054115noreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-69298874811572459812013-05-05T13:20:10.815-04:002013-05-05T13:20:10.815-04:00So what's stopped you from buying AIG/BAC etc ...So what's stopped you from buying AIG/BAC etc again?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-30912157160922442562013-05-05T04:01:54.977-04:002013-05-05T04:01:54.977-04:00Good post Nate! When i find a company that has the...Good post Nate! When i find a company that has the right numbers on paper I usually do the following:<br /><br />1. Write down how i ended up researching the company in the first place.<br />2. Write down why i should invest in the company, why will it do good? (funny enough there's often a link to why i started researching the company in the first place, read: i'm probably biased.<br />3. Write down the reasons i shouldn't invest in the company.<br />4. Weigh potential profit vs. risk and other investment opportunities.<br /><br />Then it's a stop or go... <br /><br />I tend to forget that I can keep taps on a company and still step out if i don't like developments or find a better opportunity.<br /><br />-Mike (From the Netherlands, so pls excuse grammatic errors)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-79619370588689635982013-05-03T09:19:30.157-04:002013-05-03T09:19:30.157-04:00I'm finishing one of George Soros' (imposs...I'm finishing one of George Soros' (impossibly difficult theoretical description how world work) books where he states that he used to invest immediately after hunching a opportunity, for example a cheap stock, and then use rest of the time disproving that he was wrong. After he found why he was wrong, or the price interval between price and value closed, he would sell the stock.<br /><br />After leaving Buffet stocks strategy (after reading lot of TEH Oddballstocks), I have began much quicker to discard overly difficult situations. Complexity kills.<br /><br />-EpaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-24529287564108864272013-05-03T03:49:48.043-04:002013-05-03T03:49:48.043-04:00I have the same exact issue and within 3 months, d...I have the same exact issue and within 3 months, definitely more than half are up 30%+ typically. <br /><br />I actually implemented a new rule that helps me. If I actually print out the 10-K and other information, there needs to be a really good reason why I don't invest. Most of the time is spent reading about companies online, reading documents, etc. but I have found that I don't print things unless they are a good idea. <br /><br />I actually went back through the old printed information in my filing cabinet and compared that to the performance and it was mind-blowing.<br /><br />I know this sounds stupid but it appears to work within my own process, probably due to how much goes into before I print anything...Anyways great blog as always. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2149523431587168680.post-64186341923839910092013-05-03T03:18:51.812-04:002013-05-03T03:18:51.812-04:00Great post Nate!
The problem is, it looks so prof...Great post Nate!<br /><br />The problem is, it looks so professional, to write a 27-page report on a company. Thats why many people do it. Just writing the main investment thesis down in three sentences may be much more useful, but it's hard to impress somebody with those things.Stefanhttp://www.simple-value-investing.de/noreply@blogger.com