Comments on: Selling the Losers http://www.canadiancapitalist.com/selling-the-losers/ Helping you invest and prosper Sat, 11 Feb 2012 19:27:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: cvrk http://www.canadiancapitalist.com/selling-the-losers/#comment-134 cvrk Wed, 30 Nov -0001 00:00:00 +0000 http://www.canadiancapitalist.com/?p=201#comment-134 I read in one of the investment books of shirking the losers and backing the winners! I read in one of the investment books of shirking the losers and backing the winners!

]]> By: Big Cajun Man http://www.canadiancapitalist.com/selling-the-losers/#comment-135 Big Cajun Man Wed, 30 Nov -0001 00:00:00 +0000 http://www.canadiancapitalist.com/?p=201#comment-135 Nortel will right itself eventually, in some fashion or another (JDS is fodder for someone's cannon), but I only hold stock because I am an employee. I took my losses a while ago (and got a large kick back for capital losses). I broke even at the end of it all, but I always feel sorry hearing from friends how much they lost backing my company. It taught me to back companies that I understand, and saying, "It's up because I don't understand?", is when I should sell.<BR/><BR/>--C8j Nortel will right itself eventually, in some fashion or another (JDS is fodder for someone’s cannon), but I only hold stock because I am an employee. I took my losses a while ago (and got a large kick back for capital losses). I broke even at the end of it all, but I always feel sorry hearing from friends how much they lost backing my company. It taught me to back companies that I understand, and saying, “It’s up because I don’t understand?”, is when I should sell.

–C8j

]]> By: Arbee http://www.canadiancapitalist.com/selling-the-losers/#comment-136 Arbee Wed, 30 Nov -0001 00:00:00 +0000 http://www.canadiancapitalist.com/?p=201#comment-136 CVRK: Let your winners ride... is a Wall Street saying.<BR/><BR/>Big Cajun: Maybe Nortel and even JDS will bounce back. I don't want to bet more money on that though. Even if they return 500% from here, it won't make more than a few basis points difference to my portfolio returns. Better to sell and move on.<BR/><BR/>One more thing: my policy is never to invest in my employer. Yes, I take part in the ESPP program, but I will be disciplined and sell immediately. I've already been burned once. Held employer stock, stock fell off a cliff and surprise! surprise! I was looking for a new job. CVRK: Let your winners ride… is a Wall Street saying.

Big Cajun: Maybe Nortel and even JDS will bounce back. I don’t want to bet more money on that though. Even if they return 500% from here, it won’t make more than a few basis points difference to my portfolio returns. Better to sell and move on.

One more thing: my policy is never to invest in my employer. Yes, I take part in the ESPP program, but I will be disciplined and sell immediately. I’ve already been burned once. Held employer stock, stock fell off a cliff and surprise! surprise! I was looking for a new job.

]]> By: Josh Kerbel http://www.canadiancapitalist.com/selling-the-losers/#comment-137 Josh Kerbel Wed, 30 Nov -0001 00:00:00 +0000 http://www.canadiancapitalist.com/?p=201#comment-137 Rather than selling the losers and riding the winners, might I suggest not getting caught up in fads, focus on cash flow and tell everyone else to go to hell<BR/><BR/>Just an idea Rather than selling the losers and riding the winners, might I suggest not getting caught up in fads, focus on cash flow and tell everyone else to go to hell

Just an idea

]]> By: Arbee http://www.canadiancapitalist.com/selling-the-losers/#comment-138 Arbee Wed, 30 Nov -0001 00:00:00 +0000 http://www.canadiancapitalist.com/?p=201#comment-138 Josh: Absolutely. Fortunately, I now pay all my attention to free cash flow, return on equity etc. for profitable franchises.<BR/><BR/>I sold my losers because they were such a tiny part of my portfolio that it was not worth following them. Josh: Absolutely. Fortunately, I now pay all my attention to free cash flow, return on equity etc. for profitable franchises.

I sold my losers because they were such a tiny part of my portfolio that it was not worth following them.

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