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How successful has this approach been? Specifically point 3

• danieltillett 9y ago
  Very, but you have to be patient. It seems to take around 18 months for the market to catch up with reality. It is really hard to pick when the market will turn, so I just buy and hold until it does.
  • dsacco 9y ago
    What does “very” mean? Do you mind quantifying that with a percentage? As it stands it doesn’t really answer the question: “very” is an imprecise measurement.
    • danieltillett 9y ago
      Very means I have made a lot of money with this approach - far, far more than I would have using a passive index-based approach. I am sure you understand that I don’t want to get into specifics in a public forum.
      • mattmanser 9y ago
        How would giving an example hurt? You've given away your strategy, a specific example of one of your successes wouldn't hurt you as they'd have recovered their stock price now.
        • danieltillett 9y ago
          Investment strategies are like ideas - nobody steals them because everyone has their own crappy one which they like more. An example of a company that fits my criteria (and which I have invested in) is the ASX listed ruby miner Mustang Resources [0]. 0. http://www.mustangresources.com.au/ http://www.mustangresources.com.au/