Forum Archive Index - September 2001

["hugh webber" <hugh.webber@clear.net.nz>]

Right on the nail. I refused to go in the competition (again) as it was purely
measured by shareprice rather than net profit growth and net assets per share.
On a Warren Buffett basis I wouldn't I wouldn't have picked any of those shares
nor did I buy them with the result that my portfolio value has not declined
despite all the angst.
But you learn from experience - trying to persuade the mass of the conventional
wisdom and fashion is like trying to sweep water uphill. I gave up with
the result that the 'chartists' and short term capital boys and low NZ $ is bad 
camp
hold sway to their own undoing. At least AQL is no longer dominating Sharechat 
;-).

cheers,
Hugh
----------
> From: Jefley Aitken <jefley@xtra.co.nz>
> To: 'sharechat@sharechat.co.nz'
> Subject: [sharechat] sharechat growth index
> Date: Tuesday, 25 September 2001 17:22
> 
> looking at our sad departure from reality over the last few months, it 
> occurs to me that the combined sharechat wisdom specialises in short-term 
> visions.
> 
> we (actually i was not involved but had chosen airva, thl, tel, fru and fbu 
> which was pretty standard) did brilliantly for about six months.
> 
> a recent mention of "another competition" prompts me to wonder what the 
> combined sharechat wisdom would throw up as growth performers over the next 
> six months.
> 
> i'm not in any position to buy at the moment, but would like to have money 
> for aia, cah, ffs, rmg and wam at their current prices.  then again, the 
> old january bunch of airva, thl, tel, fru and fbu may turn round and have a 
> romping ol' time over the next six.  my brain hurts!  can anyone else pick 
> five?
> jefley
> 
>  
> 
> 
> ----------------------------------------------------------------------------
> 
> Interested in learning more about the sharemarket and investing?  Check out
> the upcoming ShareChat Investor Education Seminars - please visit
> http://www.sharechat.co.nz/services/seminars/ to find out more.
> 
> ----------------------------------------------------------------------------
> To remove yourself from this list, please use the form at
> http://www.sharechat.co.nz/chat/forum/


----------------------------------------------------------------------------

Interested in learning more about the sharemarket and investing?  Check out
the upcoming ShareChat Investor Education Seminars - please visit
http://www.sharechat.co.nz/services/seminars/ to find out more.

----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/