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Author: Saarkhx Two stars, 250 posts Old School Fool Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 132  
Subject: Re: Looking to add ballast Date: 7/12/2012 9:17 AM
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Don't worry when I am around!

It's dangerous to encourage me :-)

CRESY - CRESUD.
GG pick, owns farmland, If there is any global inflation then food prices will sure to raise,


When GG recommended to sell, I agreed that the valuation was high, but I don't want to close a position just because the price is high; therefore I sold around 63% of my position in the $19's and held the rest.

I like it long term, but I believe it's way too risky to earn the label "ballast position": it's more likely to sink your portfolio :-)

if not I guess between expensive medicine and food, you still need to eat every day, but can skip med.

I knew a guy who tried to skip med (antidepressants, to be more precise) and I heard that her wife was not quite happy with the result...

Saarkhx
long CRESY and several pharma stocks
takes no meds
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