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Petróleo Brasileiro S.A. - Petrobras Message Board

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  • jaquecroissant jaquecroissant Aug 17, 2011 2:11 PM Flag

    Dow on or above 11000 by Dec.30, 2011

    My only aim is to beat the S&P over the long run. I'm only interested in studying people that have beat the market in a 10 to 30 year period. I have pointed out before that buy and hold isn't dead. My personal hero, Claude Shannon owned just 10 stocks, he bought and held them for 30+ years and generated 28% per annum returns with ZERO turnover. People churn their portfolios too much.

    You just have to buy the right stocks lol! Yeah, sounds crazy right? I just think the market is more about emotions and reactions to temporary headlines. I can't deny that it's nice to have some high divy payers like PM in a portfolio, but I know from experience the big moves come from smaller growthier names. willing to ride out volatility.

7.71+0.010(+0.13%)Apr 29 4:03 PMEDT