Hi,
i have been considering the idea of forming a basket of net net stocks that will form 20-30% of my portfolio.
there are easily 50 net net stocks on the SGX, however most of them happen to be S-chips.
normally, i find higher quality net nets such as PNE industries and Koyo. I think these are single investments that can be good investments by themselves.
was wondering if any buddies have tried making a basket of net nets of shoddy companies and manage to get a decent return from such a strategy.
many companies are selling at a substantial discount and i think that, not all have to come to fruition to actually make a decent return.
seems risky and safe at the same time.
personally, i can stomach the volatility, question is if it is actually a logical choice.
what do you think?
i have been considering the idea of forming a basket of net net stocks that will form 20-30% of my portfolio.
there are easily 50 net net stocks on the SGX, however most of them happen to be S-chips.
normally, i find higher quality net nets such as PNE industries and Koyo. I think these are single investments that can be good investments by themselves.
was wondering if any buddies have tried making a basket of net nets of shoddy companies and manage to get a decent return from such a strategy.
many companies are selling at a substantial discount and i think that, not all have to come to fruition to actually make a decent return.
seems risky and safe at the same time.
personally, i can stomach the volatility, question is if it is actually a logical choice.
what do you think?