CGR 0.00% 7.0¢ cgn resources limited

Ann: Chairman's Address to Shareholders, page-36

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  1. 49 Posts.
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    Yeah great article.  Thanks.  Challenges the conventional wisdom of only having any one stock as a small percentage of one's portfolio.  In other words when you find a good thing, stick with it.  Directors of a company usually do that don't they?  They don't worry about the diversification rule as they believe in their company and we castigate them if they sell any of their holdings.  We have one rule for directors and another for the common investor.  I guess the one thing we don't have as shareholders, unlike the directors, is the full knowledge of how a company is travelling.
 
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