"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.
6.92, page-5
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Last
$8.80 |
Change
0.010(0.11%) |
Mkt cap ! $6.815B | |||
| Open | High | Low | Value | Volume |
| $8.85 | $8.85 | $8.75 | $2.880M | 327.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5100 | $8.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.80 | 46096 | 6 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| ARG (ASX) Chart |
