The marriage metaphor A wise man once told me: Find the good story, and find it early. Enter a position and start accumulating. Monitor the management, monitor the progress. Be patient. And if it looks like its working, load up. I listened. This is true story, from a family friend who has made hundreds of millions of dollars in equities.
I " married " cgc 5 years ago. As Tim mentioned last week compounded that's 27X. Thats a nice 5 year return. But for me, and maybe some of the other Longs, the true magic of compounding hasn't even started yet. This has been, just a warm-up compounding.
Scraps, why are airlines and crusie lines going up? The stimulus package, is the likely scenario. I see you and the firms ( shorts) lifting the pressure on many sectors recently. There's only one reason you're here pumping airlines. I suspect it's to see if you can rope and some new retail easy money, before the next long short commences.
One thing I do hope, and something that you'll never understand the joys of, is this how many multiples us long as will be up in three years or five years from now. I don't know that I'm gonna get to post this one day, but I hope to have a post titled 'my first hundred bagger'. I give it 65% I get to make that post. We shall see if these dummies, the moronic Sands family, knows what they're doing. It is strange though, I have a pretty good track record of execution. Maybe make that 70% chance.
You keep hitting singles and bunts.
Chill out on bandwidth for a while would ya?