pelcmarek's picture
Bargain nr.0 of 10


I will post here 10 stocks that I think are cheap right now and I will put them to my portfolio pelcmarek2 where Im testing my stock options. So you can see how good these stock picks were. :-)

My stockpicks will go from the biggest to the smallest - so stay put. 

First, I have to say I hate debt of any kind. In real life I wouldn't buy company that is in debt.

Second, Im not interested in cyclicals,turn arounds and catching of falling knives.For the simple reason I have high return if it works out but it works out very,very rarely. So, at the end I'm better of when I bet on sure thing. (return is not as big,but it woks out quite often)

Third, I think that growth is the biggest scam ever. I hate growth. Why? Because I hate risk.
 
Company will promise incredible growth it will not work out and I lose. Company will try bigger growth take some debt and it will take it down.Management is not paying any dividends because of their dream growth.

I think that it was the research of my favorite hedge fund -absolutevalue fund that posted how many companies were able to grow more than 15% a year for more than 10 years. To my suprise the number was really,really,really low.It means lot of suprises on the road for these growth fans.

Fourth,I want the safest bets I can find . It means I don't want to rely on promises,changes etc. I want to buy something that is safe and ready.Im looking for something that is producing cash not earnings.I mean companies that virtually print money out.

Fifth,I want to buy it cheap !


 



Bargain nr.0


On average stocks were bottoming about 18% lower than I bought them .

So I should adjust it according to it.

At least 15% !!!