Comments on: My Portfolio Update And Two Powerful Insights Every Serious Investor Should Read https://www.valueinvestingjourney.com/a-portfolio-update-and-two-powerful-insights-every-serious-investor-should-read/ Value Investing Journey Sun, 23 Jul 2017 17:06:23 +0000 hourly 1 https://wordpress.org/?v=6.8.2 By: Fabian https://www.valueinvestingjourney.com/a-portfolio-update-and-two-powerful-insights-every-serious-investor-should-read/#comment-94 Sat, 15 Dec 2012 11:31:19 +0000 http://vijourney.wordpress.com/?p=1598#comment-94 In reply to Jason Rivera.

sorry, i should have clarified: the post which contains the analysis of supervalu is a follow-up to another post (http://brontecapital.blogspot.com.au/2012/02/why-i-do-not-like-small-cap-stocks-much.html), which contains the initial discussion of small vs large cap.
i personally am not convinced by his argument, but at least it is a testable hypothesis

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By: Jason Rivera https://www.valueinvestingjourney.com/a-portfolio-update-and-two-powerful-insights-every-serious-investor-should-read/#comment-93 Fri, 14 Dec 2012 21:41:02 +0000 http://vijourney.wordpress.com/?p=1598#comment-93 In reply to Fabian.

Thanks for the link Fabian.

He lays out a compelling case about SuperValu not being a great company to own in his analysis; however I have not looked into the company at all so I cannot say that what he says is correct, or would make sense to me after evaluating the company myself.

One thing I can say for sure though is that saying to stay away from small caps because Supervalu, or a few other small caps like it appears to not be a good buy and is a bad business, and insinuating that other small caps are also not good buys right now because of how SuperValue appears, is like saying we should stay away from all large caps because any one large cap looks like a bad business and is overvalued so all large caps are bad businesses and overvalued.

Those kinds of logic and generalizations have never made sense to me in any forum whether it is race, investing, schools, or whatever.

If you don’t like small caps that’s fine, and a completely reasonable position in my eyes although I think it is wrong, but say why and move on instead of making gross generalizations about smaller companies based off of one or a few small caps.

What are your thoughts on his write up?

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By: Fabian https://www.valueinvestingjourney.com/a-portfolio-update-and-two-powerful-insights-every-serious-investor-should-read/#comment-92 Fri, 14 Dec 2012 15:52:15 +0000 http://vijourney.wordpress.com/?p=1598#comment-92 here is an interesting/controversial read wrt large cap vs small cap: http://brontecapital.blogspot.de/2012/03/follow-up-to-small-cap-post-and-some.html

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By: Jason Rivera https://www.valueinvestingjourney.com/a-portfolio-update-and-two-powerful-insights-every-serious-investor-should-read/#comment-91 Thu, 13 Dec 2012 23:21:10 +0000 http://vijourney.wordpress.com/?p=1598#comment-91 In reply to Silvio.

I completely agree but only recently have I gained the confidence to focus only on smaller companies. Welcome to the site and thank you for you comment.

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By: Silvio https://www.valueinvestingjourney.com/a-portfolio-update-and-two-powerful-insights-every-serious-investor-should-read/#comment-90 Thu, 13 Dec 2012 22:29:29 +0000 http://vijourney.wordpress.com/?p=1598#comment-90 Yup, being able to analyze/invest in small cap/obscure co’s is our advantage over the people who don’t think outside the box, as well as big time money managers.

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