Recent content by BuffettFan

Well, anything under 5 years could be just luck. I have discovered that many systems work well for a few years and then fail. Fooled by randomness. Thanks for the Abraham link. A quick analysis: if we assume 1% fee and a 30% tax rate, the Abraham result is an average return of 14% pa return...

Well, everyone is entitled to an opinion, but I am trying to focus on facts not opinions or biases. All I am saying is that, after many years experience and simulations, I cannot find any way that short term trading is worthwhile, after taxes and brokerage. I'll look at the Abraham record when...

All of them fail eventually. They fail in two ways: either fail to do as well as the relevant index or they lose all their capital. You only hear them talk about the good times, never the losses. The great investors like Graham and Buffett have made observations that they don't know anyone who...

Re NVT: my previous comments were aimed at someone purchasing for a retirement portfolio. Yes, I agree that if you already own the stock and you aren't retired (ie paying higher tax rates) the capital gains tax is a significant factor to take in account. As my final comment for this thread, I...

Re: NVT Obviously, I didn't explain my point very well.:) For a retiree's model share portfolio, I believe that the best chance of success is to follow the Buffett approach, which is to use fundamental analysis in the following way: Step 1: find companies with good fundamentals, good...

Re NVT I've only done very brief research and it does appear to be a great company. However, it has only a very short history as a listed company. I'm a bit reluctant to put money into something with less than ten years' track record. The main problem is that I believe it is currently way...

My experience at designing a model porfolio. I created my own indexed fund in 1993 when I was too busy at work to devote the time to investing. I just bought the top 10 stocks and made their weighting in my portfolio proportional to their market capitalisation. I hardly ever sold anything...