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Paarslaars

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Everything posted by Paarslaars

  1. That's a bit of a silly argument. Kinda like smokers saying "but cars pollute and give you cancer too". Like cars vs smoking, guns vs immigration are two separate issues that need to be taken care of. It is not a matter of choosing between the two. Would it be better to focus on gun safety first? Any non-american would strongly say yes to this as the current situation seems ludicrous to us. But the Americans have gotten used to it so they might actually prefer the immigration issue handled first. And Trump already announced (as expected) that he would forward the bill to Mexico by taxing their export. They simply cannot afford not to be able to sell their goods in the US.
  2. Well, would you like to live in a country where the media can freely manipulate the news for their own gain without sanctions? Because that is what they have now... I don't think one is better than the other for the people but the right winged goverment in control of the media would be better for us investors (at least short term). On the plus side: on this first day Trump was able to get more fat women out walking than Michelle Obama could in 8 years. ;D
  3. Same here, don't want to sell BRK though. :-\
  4. Successful in studying or the blog? Always interested in reading blogs from people here.
  5. I was already invested in oil/gas going into 2016 (which had a substantial contribution to my losses in 2015). I did pick up BTE somewhere below 4$ in september. All of my commodity holdings, with exception of BXE, are currently standing at a substantial profit since purchased. Fortunately for me I was able to add 50% to my portfolio in cash from bonusses (small personal portfolio) at the beginning of 2016, so the 40% return this year is about 2.5x the -20% loss I sustained last year.
  6. Picasso, Is there a thread about FELP? If so, I would like to read it and understand your reasonings about the company. If not, where could I find more information? Thank you! Gio http://www.cornerofberkshireandfairfax.ca/forum/investment-ideas/foresight-energy-felp/ 60 pages, I've been going through it again for educational purposes, makes me question why I considered it risk to go above 5% position. I guess in hindsight anything that works out will look less risky. Still have much to learn, yet so little time :)
  7. 40% here, a third of that came from FELP (thanks Picasso!), if only I had the balls to go deeper... Usually 5-10% in cash. Happy with the results as I was in Sri Lanka for Februari so missed out on the bottom. Couple of small mistakes this year but nothing really big, which is nice as 2015 kicked my ass (-20%).
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