Which is wise advice. Funny to think that thousands of years ago, people in an ancient society were losing sleep over just the same problems that exercise our minds.
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I have advised myself and others same stuff ...full diversification ...so I hold NZG as my main investment ...nothing can be more diversified then that . U can top that up with going over weight on some flavours of the season . ATM + FPH + NZG in right proportions can make a potent NZ portfolio .
BRM / MLN / KFL have suddenly become very popular with retail investors because of their 2% quarterly divvy policy ...not exactly for anything else maybe ...otherwise who will be paying 15% premium to real NAV for 3.5 % outperformance to index available at NAV in open quantities ...to me this seems job of uninformed and new rookie investors .
I will rather promote more fairer options possible at the moment then KFL types . IMHO
Makes perfect sense . After 2 years of underperformance ...now the time is ripe for it to be outperformer for next 2 years to do a catch up . Thats how most good companies SP work IMHO
Fisher Funds have also increased its weightage to 14% from 13 % as per their latest data . They sure can sense ATM good times ahead
Yeah, ironic isn't it !
Yeah I think we've talked that through already but for the record I have been giving Couta1 this advice in person and on the phone for years and KFL, BRM and MLN have been outperforming their relevant indices for years. Average market outperformance adjusted NAV to adjusted NAV, after fees, (percent per annum) for the last 3 years KFL 4.3%, BRM 8.7% and MLN 9.7%, source (most recent monthly newsletters for each fund just released)
The only way into these funds, (which are well and truly outperforming their relevant indices after fees) at present without paying a premium to NTA is through the warrants. It won't surprise anyone then, that I have a lot of Kingfish KFLWF and Barramundi BRMWF warrants.
The King James Bible is more specific:
Give a portion to seven, and also to eight; for thou knowest not what evil shall be upon the earth
However...
And again I say unto you, It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God.
Matthew 19:24
All the best to couta. He was a poster who was unafraid to offer his opinions and share his experiences.
LOL - When one holds 90% of one's investments in one share, all hope of calm rational debate is gone. Nobody on earth can hold that level of investment in one share and think objectively.
One of Couta's favorite little sayings is "two men look out through the prison bars, one sees mud and the other sees stars" The question is not which are you. The real question is why some people keep putting themselves in prison over and over and over again in the first place !
How about we leave Couta in peace and take this thread back to A2 Corporation?
:mellow: