Saturday, April 23, 2011

My investment style summed up perfectly

Here is a post from someone on the SLX Bogapet. This sums up my feelings exactly when it comes to my investment style...........

"It's an interesting statement on human nature that when a stock is very undervalued, most people's reaction to that fact is based on one thing: whether or not they own it.

If one does all the work, and figures out that some company is extremely undervalued, and they don't own it, they lick their chops and take advantage of the buying opportunity.

Once they own it, if it continues to be undervalued, eventually they stop seeing it as a buying opportunity, and begin to see it as a complaining opportunity. For some, it only takes a few weeks to go from chop-licking to whining. Others are more patient.

The reason a stock is undervalued is that the market is irrational. Unfortunately, it can stay irrational for a long long time. Just because I noticed that it was being irrational and bought doesn't mean it's going to become rational immediately and reward me for my insight. I have to be ready to wait. Usually a lot longer than I'd like to."


Sunday, April 10, 2011

Hello World

This man knows more than all of the world's leaders put together. Here is Martin Armstrong's first article since his release from prison:

Hello World


Monday, April 4, 2011

Scotia Capital on the Alberta Bakken Play

I highlighted this play in June of last year and we were able to get a 10 bagger out of Mountainview Energy. Nine months later, Scotia comes on the scene with their report for the first time. Where have you guys been?

See the report here: Scotia Report

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