Hi John, it seems like there is a lot of dead weight in my (our) portfolio. A while back you gave us some positions to let go. I'm trying to clean up my portfolio so I'm wondering if you have any more losers we might want to give up on? Thanks , Jon
Hi Jonathon, the gold/silver explorers have been the real disappointment so far. The handful of successes haven't offset the multiple losers. Of what's left, I'm watching Irving Resources and Wallbridge as possible deletions. They're making progress but both need to raise more money, so I'm not sure how much more patience they deserve. Beyond that, the other categories are all "buy the dip". I'm more concerned with the state of the economy and overall markets than with most of our portfolio companies' operating success.
John,how did you.cope with your 2006-2007 investment strategy? I did the same thing last year and I have bit all my fingernails being early... it's a horrible feeling and I will never do it again either. Any words of wisdom for me? Gw85310@gmail.com
Hi John, it seems like there is a lot of dead weight in my (our) portfolio. A while back you gave us some positions to let go. I'm trying to clean up my portfolio so I'm wondering if you have any more losers we might want to give up on? Thanks , Jon
Hi Jonathon, the gold/silver explorers have been the real disappointment so far. The handful of successes haven't offset the multiple losers. Of what's left, I'm watching Irving Resources and Wallbridge as possible deletions. They're making progress but both need to raise more money, so I'm not sure how much more patience they deserve. Beyond that, the other categories are all "buy the dip". I'm more concerned with the state of the economy and overall markets than with most of our portfolio companies' operating success.
John,how did you.cope with your 2006-2007 investment strategy? I did the same thing last year and I have bit all my fingernails being early... it's a horrible feeling and I will never do it again either. Any words of wisdom for me? Gw85310@gmail.com
Hi Glenn, being too early is brutal! There's a good chance that you (and I) will be right this year, so hang in there.
John, Thank you for this excellent content, a wealth of information indeed.