1. Most Discussed
  2. Gainers & Losers

Stock picking,next 5 years

  1. croupier

    5,447 Posts.

    Picking stocks in the coming years you only need two words to guide you......reality and necessity.
    Reality means'does the business really exist,is business really being done,are sales being made,work carried out'.
    Necessity is 'is the business an essential part of our daily lives or could it be done without in hard times'.The necessity value of a business could mean a reduction in size of 90%,and a reality failure could mean the complete disappearance.Protection of your capital will be of utmost importance in the years ahead and picking stocks that can do that will be very difficult.Unlisted businesses may become popular as they are closer to the real world and it is possible to be more fleet footed to change the business to suit conditions.Packer has at times re-privatised his company to give him an edge and keep away from scrutiny.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.


HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.