tag:blogger.com,1999:blog-3686764185628666543.post4497658551740157414..comments2023-10-10T03:26:30.831+13:00Comments on Share Investor: Long VS Short: Fletcher Building LtdShare Investorhttp://www.blogger.com/profile/02150520236094812434noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3686764185628666543.post-8499306883823499782009-07-29T21:36:59.497+12:002009-07-29T21:36:59.497+12:00The question about when to sell is a great one and...The question about when to sell is a great one and the answer to that for me would be never, unless there is good reason to.<br /><br />Of course if somebody offered me a ridiculous price in the future, and history has shown that people do, then I would have to sell.Share Investorhttps://www.blogger.com/profile/02150520236094812434noreply@blogger.comtag:blogger.com,1999:blog-3686764185628666543.post-52743857483281133782009-07-29T15:00:01.116+12:002009-07-29T15:00:01.116+12:00Why would you sell your shares if the shares you o...Why would you sell your shares if the shares you own are less than their intrinsic value? Presumably you bought the shares because they were below your calculated value for the shares. <br /><br />Once the trend had changed and a fundamental change had occurred in the industry, your recalculated value for the company would have been below the current price and resulted in a sell. <br /><br />The question is at what price would you sell them, if you did not consider the prices at the peak of the bull market to be overvalued compared to your measured intrinsic value of the company?SBTradeshttps://www.blogger.com/profile/05733253279331854250noreply@blogger.comtag:blogger.com,1999:blog-3686764185628666543.post-83941707932076674862009-07-28T17:25:55.922+12:002009-07-28T17:25:55.922+12:00I don't think the short termers like yourself ...I don't think the short termers like yourself will ever agree with long termers like me. The diff in our strategies is just a matter of time.<br /><br />If you have a look at the 10 Long VS Shorts I have done they all show better returns for the long term, with no exceptions.<br /><br />Granted, the timing of entry is arbitrary and there could be gains made by getting in and out, but what I was trying to show was merely a long vs short perspective for the same long term and the same short term periods and I believe it proves my point very clearly.<br /><br />I have made around 10% in less than a week by buying some shares last Wed but am I going to sell them?<br /><br />No way, I would then become a trader and taxed on my returns and while I could easily make money this way, that is another strategy for another day.<br /><br />CheersShare Investorhttps://www.blogger.com/profile/02150520236094812434noreply@blogger.comtag:blogger.com,1999:blog-3686764185628666543.post-9341971702200822942009-07-28T16:04:32.206+12:002009-07-28T16:04:32.206+12:00I do not get it. Is this your way of advocating a ...I do not get it. Is this your way of advocating a buy and hold strategy.<br /><br />I am not convinced that this shows that long term investing versus short term investing is better.<br /><br />You are not using the charts to determine you entry and exits at all, just picking an arbitrary 1 year period.<br /><br />Just using a 25% trailing stop would have meant the short term momentum trend follower would have been able to ride that stock higher and exit with far better returns than the long term buy and hold.SBTradeshttps://www.blogger.com/profile/05733253279331854250noreply@blogger.com