Email of the day (3)
Comment of the Day

January 19 2012

Commentary by David Fuller

Email of the day (3)

More on "The rise of the New Groupthink":
"Wednesday's piece about working solo vs teamwork struck a chord. After decades in offices where I much enjoyed the camaraderie, I now work from home, and to my surprise not only have I found it an easy situation, but recently I have almost revelled in it. I spend a lot of time on my investment portfolio which is mainly small growth stocks listed in London. I chanced upon a link and found the heady world of discussion boards. The posts vary enormously but there are always timely nuggets of information and canny views which have transformed and fine tuned my trading. Posters like retired mining engineers and those who understand the pitfalls of fuel cell development mean that I know more about these stocks than I ever did in my years as a stockbroker in dealing rooms, where the background noise often led to indifferent investment.

"To me these boards are a revelation and life changing, allowing anyone to become a successful investor. Of course it takes some time to understand and ignore devious posts. My own investment method is to find a stock with an attractive story, and take a minimum position. Thereafter, the flow of news and the chart will help to decide whether to temporarily increase a position as much as ten fold to capitalise on the investment. Last year was very poor for AIM stocks, but this method got me a positive return.

"In the Fuller vein, I have always thought that part and parcel of investment is to have fun, and I have to say that it's certainly exciting right now.

"Here's to the year of the water dragon,"

David Fuller's view Indeed, and to more fun.

As I recall, we first met in Hong Kong in the 1980s.

Thanks for the update and for sharing your methodology. Investment is a never ending and fascinating learning process for those of us who enjoy and therefore usually profit from the hands-on course.

"The Rise of the New Groupthink" clearly struck a cord with many of us.


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