Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Thank you for the update Tim, I’m glad to see the thesis is playing out. However I find my current situation one of the most difficult to get my head around in the investing world. I‘ve made two small purchases of BLX coinciding w/ the rec and re-rec. Obviously I’m happy with investment however b/c of the nature of the risks associated w/ Latin American investments, I’ve kept the allocation very conservative in my portfolio. At this point I’d like to add more to the position but I can’t get past the feeling that some of the margin of safety is gone or some of the low hanging fruit has been realized. I understand that the valuation has been raised and I have confidence in the team’s analysis. Maybe its b/c I don’t have a lot of faith in the markets latest rise or maybe it’s just a mental block that makes me feel like I’m chasing an investment but I have a hard time adding to a position after it’s already begun to move up. In the past I’ve been able to average down but it just feels counterintuitive to average up. Any Fools out there running into this dilemma?

Regards,
Chris
(long BLX) deliberating going longer…
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.