RE:RE:RE:RE:What happened to all the so-called long term invetorsDeanEdmonton and SargeX - I have enjoyed this very informative thread and the contrast between two different but successful investing styles.
I imagine that Sarge's style is less stressful and easier to implement and operate than the fundamentally driven style of DeanEdmonton, which certainly must keep him busy reading the periodicals.
I know Sarge is invested entirely in Canadian Blue Chips; may I ask DeanEdmonton - is that the same case with you? I'm curious also . . . what information propelled you to sell BCE at $64? Was it simply that it had dropped a certain percentage from a recent peak, or was it again fundamentally driven? You've bought most of it back, do you view the company differently now?
I'm long BCE, but somewhat uncomfortable with it. I'm sure you both remember Nortel, which at its peak in 2000 accounted for 1/3 of the TSX's capital value, as well as being the 9th largest corporation in the world. When it was delisted in 2008, its shares were worth 18 cents. Yes, BCE is/was big blue chip, but no stock should be placed on hallow ground. Thoughts? Thank you gentlemen for your time . . .