January 27, 2011
Published by Kuppy at January 27, 2011
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In my world, there are three types of positions—investments, speculations and trades. Before you buy a share, you need to mentally assign each position a category; otherwise you will regret it later on. Once you have your categories, it is bad form to change them. Risk control is critical and you have to make sure you adjust your positions correctly over time. Let’s start Read More
Categories: Investment Strategy
Positions Mentioned:
January 9, 2011
Published by Kuppy at January 9, 2011
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When I was in China this summer, I was a bit disturbed by the bathroom facilities in the rural areas—the communal poo rag had not yet been replaced by toilet paper. Even in tourist locations like the Great Wall, the restrooms had a rag attached to the wall to be used for wiping your ass. I had to ask our tour guide for confirmation Read More
Categories: Investments
Positions Mentioned:
January 3, 2011
Published by Kuppy at January 3, 2011
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What happens when a commodity goes up in price? They produce more of it. What happens when it goes up way beyond the cost of production?They produce a even more of it. What then happens to the price? There will be a whole lot of disappointed longs. As I went through my commodity charts this weekend, I was surprised at just how strong these Read More
Categories: Comments On Events
Positions Mentioned:
December 29, 2010
Published by Kuppy at December 29, 2010
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It’s time for the year end position review. As you can see, it’s been a good year for the home team. My strategy of focusing on a small handful of companies has once again paid off with a lot of winners. I would have liked to have made more investments, but you can only work with what the market gives you. Throughout the year, Read More
Categories: Investments
Positions Mentioned:
Bernanke–Two Uprisings And Counting….