tag:blogger.com,1999:blog-37479680.post8758300232268029995..comments2023-11-02T16:07:58.430+00:00Comments on Kenya Capital Investment Group: Warren Buffet: invest in what u know & other priceless gemsMainaThttp://www.blogger.com/profile/12266497232119983697noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-37479680.post-83310430030589669622009-11-02T16:26:51.867+00:002009-11-02T16:26:51.867+00:00When is low low and when is high high? that is the...When is low low and when is high high? that is the question.<br /><br />Fundamentals dont work at NSE. Better to use as long term buffer for capital presevation.<br /><br />A combinatsion of Fundamental and Technical can net in some decent gains (more quickly perhaps). <br /><br />e.g. Company may be strong but if price is on downward trend - why buy? Checking the charts gives you a clue on when to get in.<br /><br />A share can consolidate for years on end (price remains stagnant e.g. KQ for 10 years) in which case your capital is tied up with a non performer.<br /><br />1000% profit in TEN years time may not be as sweet when you factor inflation & uncertainties. Better perhaps to have 200% average annual return that you can reinvest for compounded returns.<br /><br />It's all subjective opinion but I no longer believe in long term buy & hold. Most of the time, that's a strategy reserved for suckers (think Madoff). <br /><br />Lessons from Madoff: A statement is just numbers on paper. See the cash once in a while. Switch to different asset classes and avoid having your eggs in one basket.<br /><br />I would call this my two cents - but its probably worth more than that. <br /><br />:-)<br /><br />Disclaimer: This is personal view and opinion. Not advice.Maishinskihttps://www.blogger.com/profile/02919244949716240090noreply@blogger.comtag:blogger.com,1999:blog-37479680.post-59868255012950683672009-11-02T16:25:16.521+00:002009-11-02T16:25:16.521+00:00This comment has been removed by the author.Maishinskihttps://www.blogger.com/profile/02919244949716240090noreply@blogger.comtag:blogger.com,1999:blog-37479680.post-90008000614715073552009-11-02T16:13:55.875+00:002009-11-02T16:13:55.875+00:00This comment has been removed by the author.Maishinskihttps://www.blogger.com/profile/02919244949716240090noreply@blogger.com