
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).

Subscribe to:
Posts (Atom)
Jan 25 Update
Purchases Barrick Gold: Bought small stake due to exercise of sold put options. Sold all subsequently, as it was a mistake to buy Barrick Go...
-
Well, I guess I may have done it again. I may have succumbed to the falling market and my over-cautious mood last week. I have sold C&G,...
-
Here, I shall provide answers to two issues I have raised two years ago. First, in my Dec 2007 book review, I have asked given the similarit...
-
Looking at the STI over the past few trading days, it certainly seems to be a perfect storm with YTD losses of around 8%. As Buffett has sai...