Man Alive! One AwesomeTrack Record! & Some Tips

 Albies Take: 

Heres is a comment Bryan posted in response to the last Post:

LULU, COH Stocks Near Bottom: Squeezing the Last Drop out of This Lemon, Coach is in the Bag.

 Man alive Bryan! You sure have one awesome track record!  I was really impressed and wanted to share your post with everyone. You also have some great advice and answers to my observations and questions. Thanks for sharing Bryan. Here is your comment:

January 24, 2013 at 4:09 PM

Bought more LULU today at 66.60 and sold at 67.44 for about a 1.25 % profit. Despite my being glad to be out of LULU because of the valuation in relation to the market being at or near a top, I couldn't resist buying more as it dipped back down. I was hoping it would pop at the end of the day which it did!

My track record in the last few months is now:

40 successful trades and 1 loss

In response to Albie's comment:

In terms of being a value investor, I don't consider myself one. I generally don't buy companies that would susceptible to value traps. I buy companies that are rapid growers, which happen to trade at reasonable valuations and have just been knocked down because of bad news of some kind. True Value Investors diversify widely and buy stocks trading for under book value (you could buy the whole company for less than it's liquidation value). These are generally broken companies that may have one last puff left in them. I only invest in companies that are growers that are going to come back quickly from a knock down. That's the way to avoid value traps. Of course, you have to evaluate the company and make sure the bad news doesn't permanently affect the fundamentals of the company. As Buffett says: "It's better to buy a wonderful company at a fair price than a fair company at a wonderful price". Take care. Stay posted for my next trade!

~Bryan




Thanks Bryan for sharing some of your tips with us, your awesome track record and some history of which stocks you've been in recently.

~Albie


PS: For anyone just joining us here and who is new to stocks or new to this kind of investing, I highly recommend checking out this video by Warren Buffet. Its Very, Very Good!

You H-A-V-E To See THIS!!!(Part 1)

Click On Pic For More Info