Richard’s Portfolio for Value Investors

Posted on October 15th, 2006
Written by Richard
Posted in: N/A (old archives)

I keep seeing posts and blog comments out there saying that daytrading is a sure path to poverty. They say (sometimes even on my old livejournal blog I still get comments like this) that value investing is the only way to go, unless you want to lose all your money. It feels bad, sometimes, when people tell you that the way you make your living is stupid, and that you are sure to fail.

Well, today I finally decided to stop fighting the tide, and try to help value investors as well as traders. So, this video presents a starter portfolio tailored specifically for value investors.

I’m obviously not as practiced at company valuation as I am at chart reading, but I think I made some good calls. Enjoy.

Comments

  • LP
    Love it!..."funny cause it's true" said Homer Simpson.
  • @Smarty: I don't feel I'm wrong. Don't worry about that! :-)

    thanks, everyone else. I enjoyed making the video.
  • Zoomie
    That was a good laugh! I'm gonna watch that one again!
    I do believe pure fundamentalists are brainwashed from birth that trading is evil.
  • ExEngineer
    That was great!
  • Richard,

    I don't think you should feel you're wrong just because you have people disagreeing with you. You should let the numbers decide and allocate your risk accordingly. That is, if you made a lot of money, perhaps you may want to cut back on the amount on risky stocks.

    For your sake, I've had heard of successful daytraders. And I would like to be one. =)
  • @ryuu: thanks! You can imagine, the idea for the ending came first. I should have probably gotten to it a little faster. I tend to ramble, I'm afraid.
  • ryuu
    lol.. great ending
  • Right, it was quite an eye opener for me, as well! Who would have thought they'd tell you where it was gonna be in a year, right there on the Yahoo Finance summary? Choosing trades is a breeze when you know the price a year from now. Really great stuff.
  • Alan Crabtree
    Wow! All this time I though fundamental analysis was much more work than technical analysis. Thank you for enlightening me. Fortunately you saved the best for the end.

    Alan
  • Every day trader will bust sounds an awful like like that claim that every gap fills. It may not be today, it may not be tomorrow, it may not be for a year or ten years or fifty years, but every day trader will bust just like every gap will fill.

    Every. Single. One.

    Making life decisions based on platitudes is far simpler than looking at empirical results 'cause that might involve thought. Icky.


    I think it's an insecure person that needs everyone to agree with them. They don't have the strength of their conviction and feel personally attacked when people disagree with them. People like you who flaunt their "wisdom" are upsetting. You're the worst kind of day trader - a successful one. (Maybe not one with the most mature sense of humour but at least you understand your audience!)
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