Fund managers

darkpool

Linton wrote: »

Wow - so through your skilful investing in, I guess, UK shares you have been able to achieve a spectacular return.

But you keep on telling us that its impossible to perform significantly better than the Index over an extended period.

thanks tbh i don't know where it has all come from i suppose not giving 3% of my portfolio away does help.

jem16

darkpool wrote: »

it matters because you might be paying someone money who simply got lucky.

Why does that matter to you? Do you not eat/watch Sky or Virgin TV/buy a mobile phone/ the internet etc, etc, etc just in case James Murdoch, Richard Branson, Bill Gates etc, etc just got lucky?

people win on the lottery, do you think they have an ability to pick random numbers? or are they lucky?

Clutching at straws now.

Linton

darkpool wrote: »

thanks tbh i don't know where it has all come from i suppose not giving 3% of my portfolio away does help.

You are lucky you didnt follow your own advice and invest in a solid FTSE tracker.

darkpool

Linton wrote: »

You are lucky you didnt follow your own advice and invest in a solid FTSE tracker.

to be fair i would only advise someone with limited funds to invest in a tracker. for someone with more money i'd be saying buy about 20 blue chips.

Ark_Welder

darkpool wrote: »

ohh sorry, was it not you that was asking what my returns were? i'm sure you were making a big deal about it. then when i do indicate my returns you come out with this post.

I asked you to prove that you had a successful investment strategy. You failed to do so, and you still have. I found it rather amusing that you claimed to not be able to work out your returns, and now you suddenly post a figure. An experienced investor would know their returns - and would know why they need to know. If every investment claim that got posted on the internet was true then there wouldn't be any scams. That is why figures and statements that cannot be verified have no meaning.

darkpool wrote: »

by any chance do you still live at home?

Yawn..... and don't kid yourself that you achieve anything more than that.

darkpool

jem16 wrote: »

Why does that matter to you? Do you not eat/watch Sky or Virgin TV/buy a mobile phone/ the internet etc, etc, etc just in case James Murdoch, Richard Branson, Bill Gates etc, etc just got lucky?



Clutching at straws now.

let's be honest luck is important in anyones life. if bill gates had been born 10 years later he would likely have missed the IT boom and microsoft wouldn't exist.

jem16

darkpool wrote: »

let's be honest luck is important in anyones life. if bill gates had been born 10 years later he would likely have missed the IT boom and microsoft wouldn't exist.

People who are good at their job make their own luck.

darkpool

Ark_Welder wrote: »

I asked you to prove that you had a successful investment strategy. You failed to do so, and you still have. I found it rather amusing that you claimed to not be able to work out your returns, and now you suddenly post a figure. An experienced investor would know their returns - and would know why they need to know. If every investment claim that got posted on the internet was true then there wouldn't be any scams. That is why figures and statements that cannot be verified have no mea

i've about 70 holdings, i get frequent rights issues etc. it would be difficult to work out my returns.

i suppose my strategy is to buy solid companies with a low pe that are near their low. i buy and hold, the last time i willingly sold a company was over 10 years ago.

darkpool

jem16 wrote: »

People who are good at their job make their own luck.

ehhmmmm no. luck has a bearing on all people.

gadgetmind

darkpool wrote: »

ehhmmmm no. luck has a bearing on all people.

I'm sure it does, but some people need very little, and even seem to make their own, whereas other people fumble every chance that life throws at them.