The healthcare giant is one of our largest individual company positions, because it has the best combination of factors we can find for the future we envision.
Monthly Archives: October 2011
50 posts
While long-term I am bullish about the company's prospects, short-term I am less optimistic and shall be looking to exit my position.
My philosophy is not to follow Warren Buffett into BAC, but rather to invest with the principles that made value conscious investors like Buffett successful.
Can buying stocks that have performed well and selling stocks that have performed poorly help generate significant returns?
The stock has had a great run in 2011, but the price action and underlying supply/demand picture in GMCR was raising some concern.
In the emerging Trusted Computing sector, WAVX can write major contracts before the competition starts breathing down their necks.
We could see rallies similar to October 1982 or October 1974 if the current pessimistic view proves to be unjustified after corporations turn in their Q3 report cards.
We continue to receive distributions, regardless of the stock price, and when a rebound does occur, we expect a stronger positive response from our individual holdings than from the index itself.