ARG 0.56% $9.04 argo investments limited

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  1. 2,250 Posts.


    "my favourite holding period is forever."

    Absolutely!
    The only time this applies is for well managed placed companies and LIC's in my opinion.
    Market mood is a wonderful insight short term and one must not be fooled by this. I guess thats why arg was heavily sold off despite its biggest holding, mqg climbing.

    Using leverage in LIC's is important to build wealth. It must be done with respect though; knowing full well of the risks involved. Not only is the above quote relevant but buying into these *quality* businesses is a must at times when the wallet and free cash allows to accumulate more and more and more.... a successful strategy is a consistent one.
 
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