Tom Stanley

[frog03]

Does anybody follow Tom Stanley (of resolute hall of fame) and knows what themes/stocks he is currently investing into?

 

thanks

[Uccmal]

Have you seen this:

 

http://www.resolutefunds.com/tom_stanley.html

 

Passed onto me by a friend of mine.

[frog03]

thanks.  I knew about his web site but was interested in his actual strategy/positions in recent years.

[biaggio]

Web site was interesting to read. Thanks for posting.

 

Interesting thing was that his funds have only owned 24 different (total) companies since inception.

 

He has had great success. Obviously his circle of competence is very well defined.

 

I looked back + counted all the different securities I have owned over the last 20 years it sums up to 40+. He is a pro, with more $$$ to manage.

 

A reminder that it is wise to be concentrated + focused on a few great opportunities over a lifetime i.e. the 20 hole punch card that WEB advocates...I am way over.

[Parsad]

That's kind of like Vito Maida as well.  His fund has owned very few companies as well.  Cheers!

[frog03]

His performance the last few years has been so so, especially in light of his absolutely unbelievable performance for the first twelve or so years.

[Green King]

Web site was interesting to read. Thanks for posting.

 

Interesting thing was that his funds have only owned 24 different (total) companies since inception.

 

He has had great success. Obviously his circle of competence is very well defined.

 

I looked back + counted all the different securities I have owned over the last 20 years it sums up to 40+. He is a pro, with more $$$ to manage.

 

A reminder that it is wise to be concentrated + focused on a few great opportunities over a lifetime i.e. the 20 hole punch card that WEB advocates...I am way over.

 

were did you get that 24 companies stat ?

[Yours Truly]

Good read.. sounds like he has good instincts in forecasting future trends and picking the companies that will profit from it.. a combo macro/micro analysis technique

[biaggio]

Web site was interesting to read. Thanks for posting.

 

Interesting thing was that his funds have only owned 24 different (total) companies since inception.

 

He has had great success. Obviously his circle of competence is very well defined.

 

I looked back + counted all the different securities I have owned over the last 20 years it sums up to 40+. He is a pro, with more $$$ to manage.

 

A reminder that it is wise to be concentrated + focused on a few great opportunities over a lifetime i.e. the 20 hole punch card that WEB advocates...I am way over.

 

were did you get that 24 companies stat ?

 

Sorry Green, I couldn t remember where I saw that stat.

 

I think I saw it here: http://www.resolutefunds.com/rgf_story.html

 

"In 2005 it became increasingly concerning to us that the Ontario government’s new regulations, first National Instruments 81-106 and then 81-107, would severely impair our ability to make investors money. The reasons were extensive but the reduction in the confidentiality of what we were buying and selling was one example. As we never held 25 stocks during the entire life of the Fund, provisions requiring us to report our top 25 holdings would effectively force us to disclose our entire portfolio every three months."

[Green King]

Thanks Biaggio

 

I saw that stat on the old msn board. Just been wondering where it came from.

[FFHWatcher]

That passage was in reference to disclosing a funds top 25 holdings at a point in time (ie. quarterly).  I believe he is saying that his funds has never held 25 holdings at any one point in time.  Cumulatively, who knows but it is a lot less than the Templeton Growth Fund and others