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22-07-2024, 11:54 AM
#21591
Originally Posted by bull....
you would need to know the standard deviation of his cagr to know if it has bee wild risk taking or sensible investing. of course the same could be said for me or anyone
Standard deviation is NOT a good measure of risk.
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22-07-2024, 12:01 PM
#21592
Originally Posted by Rawz
what is the lesson here for everyone?
Dont wait around and just buy?
The lesson is to not wait around trying to get a better price, when you can already buy at a great price. The price you pay is of course very important, but it's not necessarily the best idea taking the risk of not buying at the current price as it may shoot up quickly as it has done with OCA.
It's like if someone offered you $1 at 15c, and you said "Well it was 13c last week, I think I'll wait for it to drop back down." Well it might happen, is it worth taking the risk when there is already a great value proposition at the current price?
Anyway it's a mistake we all can easily make, SailorRob thought it was worth mentioning his mistake here.
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22-07-2024, 12:11 PM
#21593
Member
Originally Posted by Leemsip
Good to see the conviction paid off for Value. Well played that man.
Needs to take a victory lap or 2...
Thank goodness SR isnt here... would be unbearable... lol
Well the amount ppl poopood sailors ideas he would be entitled to some "I told you so" imo. Not sure he would do that though, a lot of you miss the forest for the trees in a lot of what he says. Still not sure what his last ban was for?
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22-07-2024, 12:15 PM
#21594
NZx is stuffed! All companies are being taken over....
Money from arvida...will go to OCA...sum and rym
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22-07-2024, 12:15 PM
#21595
Sailor got banned because he was always on starboard
When sailboats approach on different tacks the boat on the starboard is the stand on vessel with right of way.
Last edited by Perky; 22-07-2024 at 12:18 PM.
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22-07-2024, 12:52 PM
#21596
Member
Originally Posted by Perky
Sailor got banned because he was always on starboard
When sailboats approach on different tacks the boat on the starboard is the stand on vessel with right of way.
What is that supposed to mean?
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22-07-2024, 01:06 PM
#21597
Congratulations to those who kept their conviction and bought at the low 50c! Well done!
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22-07-2024, 01:08 PM
#21598
Originally Posted by Perky
Sailor got banned because he was always on starboard
When sailboats approach on different tacks the boat on the starboard is the stand on vessel with right of way.
He always 'thought' he was on starboard even when on port or cast in irons.
Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.
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22-07-2024, 01:09 PM
#21599
Sailor was always right… its a joke or pisstake.
because a boat can’t sail directly into wind they zig zag up the course spending time on starboard tack and port tack
when you are on starboard tack you have right of way….when you are on port tack…you have to give way to other boats on starboard tack
its like the rules of the road but for on the water
discl. I’m a sailor…I would say SR is a much superior investor than me….but I reckon I would keep him honest in a yacht race lol
discl. hold plenty oca
Last edited by Perky; 22-07-2024 at 01:38 PM.
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22-07-2024, 01:27 PM
#21600
Yeah, good on those investors that kept the faith.
Was always going to go up, but I was thinking it would be another year away as the NZ economy is so sick.
But we can always bank on those offshore investors with real money showing us the way with buying up cheap investments.
Investing has always been about timing. Which I am completely average at.
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