Post your portfolio

Cash - 100%

Bought ROC at 2418 on the 13th and sold at 2560 on the 28th.

In 2012, I diversified into PNC, OMN and MTA and still held CML at 50%.

I have since sold PNC and OMN and bought ADI. Too much faith in MTA to get rid of it. Results out next month and will soar.

Had a 6 figure sum in one share only and it was not a punt. It was an investment in CML since 2009 that made approximately 1700%. Having 31 stocks is absurd. May as well invest in all the SATRIX ETF's.

@ Orca, do you remember when you asked for the best performers over a 2 year period on the 20th July 2011?

See attachment on how they have done over 5 years and to date.

It's a pity you did not include EOH in your portfolio, it has done better than CML at that stage .....and even now 

Had a 6 figure sum in one share only and it was not a punt. It was an investment in CML since 2009 that made approximately 1700%. Having 31 stocks is absurd. May as well invest in all the SATRIX ETF's.  

How's MTA and PNC working out for you? I'll tell you, MTA down 26% and PNC down 55% over the last year. But keep reminding the board you bought into CML pretty early... 

Didn't you also buy OMN? - down only 20%

Edited by MrDividend, 17 January 2015 - 10:06 AM.

I would have thought many factors would govern the size of a persons portfolio - value and risk profile being just two. 

Another one, of course, is if you are trading or if it is for the long haul.

Edited by MrDividend, 17 January 2015 - 09:59 AM.

Sorry, was that meant for me ?

I see it as an opportunity to add. Why did you even take it out of the bottom drawer to have a look at? Leave it there and forget it...

 

Great company that will make you a rich person in the long run.

Sorry, was that meant for me ?

I do not track BH holdings, but the second link suggests two thirds in 5 stocks? And this considering the size of the AUM (you cannot put $100 bn into a $20 bn company try as you might...) and they are possibly leaning towards preserving.

naaa - it is like 47 stocks or more - paginated -  and also notes excluding other asset classes like bonds etc...

I do not track BH holdings, but the second link suggests two thirds in 5 stocks? And this considering the size of the AUM (you cannot put $100 bn into a $20 bn company try as you might...) and they are possibly leaning towards preserving.

Edited by Immobilier, 16 January 2015 - 03:33 PM.

"Diversification may preserve wealth, but concentration builds wealth".

 

"Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing".

 

"Wide diversification is only required when investors do not understand what they are doing".

 

- Warren Buffet

Don't take it out of context. Here are some of the BH investments.

http://www.cnbc.com/id/22130601

http://www.stockpick...warren-buffett/

Very diversified.

Had a 6 figure sum in one share only and it was not a punt. It was an investment in CML since 2009 that made approximately 1700%. Having 31 stocks is absurd. May as well invest in all the SATRIX ETF's.  

Hey Orca, hope is all going well with Coronation. Dude, it has been statistically proven that investing in 20 stocks, or more, reduces the beta (risk) associated with volatility in markets. Long term investment is about minimising risk while maximising return and is thus the correct way to invest, for non-professionals and long term players. Having a healthy split between Stocks, Bonds and Property is also recommended (some even include exotics), as well as a local and international exposure.

Yes, some people will strike it lucky and invest in a small number of shares, but the VAST majority will lose out in the long run.

I see it as an opportunity to add. Why did you even take it out of the bottom drawer to have a look at? Leave it there and forget it...

Great company that will make you a rich person in the long run.

.

Edited by Immobilier, 16 January 2015 - 03:17 PM.

"Diversification may preserve wealth, but concentration builds wealth".

"Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing".

"Wide diversification is only required when investors do not understand what they are doing".

- Warren Buffet

Had a 6 figure sum in one share only and it was not a punt. It was an investment in CML since 2009 that made approximately 1700%. Having 31 stocks is absurd. May as well invest in all the SATRIX ETF's.  

I have made my money from only 5 stocks.

Good to see you here again. Missed your insights re. listed property. NEPI - what is your take with € tanking. Will the excellent growth more than make up for the ultra weak € ? 

Year ago € was R14,5 now R13,40ish and dropping. That's now, but I think longer term the R will weaken against the € again. 

I have made my money from only 5 stocks.

I understand you. I'm just still not sure if you're being condescending or not.

I find it amazing that out of all the great stocks on the JSE a person can whittle it down to putting all their money onto one share whereas I find I want to own so many.

 

Do you understand now?

I find it amazing that out of all the great stocks on the JSE a person can whittle it down to putting all their money onto one share whereas I find I want to own so many.

 

Do you understand now?

It's about finding a right balance...... that works for YOU!

• 30+ shares are too many. - Unless you're a equity fund manager by profession and have the resources to carefully monitor performance of so many companies.
• 1-2 is too few. - Unless you're a gambler. (Or own the company or visit it everyday or know the CEO personally... (even then!) to have 100% surety that you won't lose you're money).

Diversify equity to the degree that you can monitor sufficiently. Otherwise invest in funds.

 - Every professional financial planner will give that same advice.