ARG 0.11% $8.80 argo investments limited

"my favourite holding period is forever."Absolutely!The only...

  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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