Wednesday, September 30, 2009

7th lessson

7th lesson: Higher gains are needed to compensate losses (see table below). Well, this is a lesson that I have to re-remember. And since I am likely to inject capital into my portfolio during times of distress, I may need smaller percentage gains to recover from my losses (in dollars terms).

Sep 2025 Update

Sales Novodisk (NVO):  Sold all a week later after buying, at slight loss  The sale was due to afterthoughts on 1) more competitors in the s...