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Stocks B / Berkshire Hathaway


Subject:  Re: Stock Picking Getting Harder Date:  11/24/2017  10:46 PM
Author:  OrmontUS Number:  232817 of 247893

I used to play the buy/sell/buy/sell thing, but more recently, left the chips on RCL (I bought it a while ago and the position is up over 300%, pays regular dividends and has probably "earned" us about another 50% in credits. The size of the CCL position has risen and fallen and I think on a LIFO basis the position is up about 100% (rather than the 22% my spreadsheet generated - which is a blended average) and which has generated on-board-credits of at least 50%. Overall profits on the symbol have more than paid for the position. You're right, it's probably a bit of bother for $250, but in our case, over the years the strategy has generated thousands in savings - along with being profitable as well - though for better or worse being a tiny portion of the overall portfolio.

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