risk control saves lives and money

been there seen it done it.

over time learn risk controls.

imho place no more than 5% of invested funds into any one stock and take the top off when above 10% of overall portfolio valuation.

you'll always have 9 chances left if not 19 to make progress.

sincerely saddened to see anyone lose there hard earnt dough but trust directors ......... NEVER, apart from very very few.

2 good early signs to look for that have been sort of mentioned here on fge threads already ..

directors awarding themselves big bonuses (especially if the balance sheet is suspect)

check the accounts for such as hospitality costs (if it is at all mentioned) or suspect it's in abnormals. If you cannot suss out the abnormals from cross referencing in the accounts then trust these abnormals as of little benefit to the business.

one needs to survive in the mkts.

left field events happen.

play safe and spread the risks.

and move on NOW. do not look back.

if you do not have a dog, go get one. not a litle fella. a real dog FROM THE POUND. go for walks regularly each afternoon evening.

WHY ?

YOUR DECISION MAKING AND CLEAR THINKING ON THE MKT WILL IMPROVE HEAPS. imho anyway.

for those with big losses home in on 40's signature.

take care,

be good,

be careful,

and give rover a pat from 40.