My first post – and it’s a big thank you to all of you for your experienced insights into FFH! As background, I am a retiree with a rolling 10 year (hopefully!) time horizon. I acquired my first 200 FFH shares in 1991 at under $14 – and have added on pullbacks ever since to the point that FFH is currently 49% of my portfolio (Gio, it was 49.7% on the day last June when you started your “Mr. Market….50%” thread!).
I’m basically a “buy and hold” kind of investor. But because my FFH holding is so high (I doubt if any financial planner would recommend this allocation!) – and because the past few years’ BV performance has been so mediocre – I have read with particular interest all of your views (both positive and negative!) on the long-term prospects for FFH to assess whether or not to change my “buy and hold” strategy with respect to FFH. So keep up the great dialogue as I puzzle through my dilemma!
