MoneySense เขียน: Jim Choung: The Lazy Road to Wealth Age: 33
Location: Toronto
Profession: Pharmaceutical sales rep
Main portfolio value: $190,000
Net worth: $400,000 (includes main portfolio, RRSP and investment properties)
Average compounded annual rate of return: 22.9% a year for the last seven years
Top holdings:
Fossil Inc.
K-Swiss Inc.
Berkshire Hathaway (class B)
Buckle Inc.
Oakley Inc.
Chuong's watch list (stocks he'd buy if they were cheaper):
Wm. Wrigley Jr. Company
Marvel Enterprises
bebe Stores
Best move: "Buying Fossil. It's grown so fast that it's become a huge percentage of my portfolio."
Worst move: "General Employment. I put about $3,000 into it and I lost half of it."
Chuong's strategy at a glance:
- only buys companies with inside ownership
- looks for companies with little or no debt
- buys companies with small capital expenditures relative to earnings
- likes companies with large cash assets
- only buys companies between $500 million and $1.5 billion (U.S.) in size
- only holds six stocks in main investing portfolio
- never buys on margin, occasionally writes put options
- will only purchase bargains, looks for companies selling for less than they're worth
- tends to pick up stock on its way down, a little bit at a time
- only makes one or two trades per year, keeps trading costs to a minimum
- buys and holds for the long term
- dividends are relatively unimportant.
Chuong's advice: "You can't make money unless you know what you're buying. And most people don't know what they're buying."
MoneySense เขียน: Carl Anderson: "An old school superstar"[/b]
Age: 74
Location: North York, Ont.
Profession: Retired school teacher and principal
Portfolio value: $2.4 million
Average compounded annual rate of return: 20% a year for the last 10 years
Top holdings:
Bank of Montreal
National Bank of Canada
Power Corporation of Canada
RioCan Real Estate Investment Trust
Enerplus Resources Fund
Pengrowth Energy Trust
Shiningbank Energy Income Fund
Sherritt International
Canada Bread Company
Recommended buys:
Metro Inc.
Pengrowth Energy Trust
Jean Coutu Group
Alimentation Couche-Tard
Milagro Energy Inc.
Best move: "Buying Cara before it went private and I was bought out."
Worst move: "Getting talked into stocks that turned out to be what I call 'moose pasture' stocks. I keep them at zero in my account to always remind me."
Anderson's strategy at a glance:
-owns 100% stocks
-has over 200 individual holdings
-looks through all 200 annual reports every year
- uys only dividend-paying stocks and re-invests the dividends
-looks for a history of earnings and dividend payments that rise "like a ladder leaning against the wall"
- never uses margin, never uses derivatives
- cuts investing costs to a minimum by using a BMO InvestorLine discount brokerage
- follows the advice of the Investment Reporter and Money Reporter newsletters
- only buys companies he understands
- usually sells if a stock's P/E ratio rises above 30
- lives simply, withdraws bare minimum from investing accounts
- buys and holds, often for as long as 10 or 20 years
- never buys airline or mining stocks.
Anderson's advice: "Don't listen to brokers. That's rule #1."
MoneySense เขียน: Dale Johnson: "The comeback king"
Age: 48
Location: Coldstream, B.C.
Profession: Retired pipe insulator
Portfolio value: $3.7 million
Average compounded annual rate of return: 38% a year for the last 6.5 years
Top holdings:
Harvest Energy Trust (short term play)
StarPoint Energy Trust (short term play)
Peyto Energy Trust
Thunder Energy Trust
Trinidad Energy Services Income Trust
(note: Johnson's holdings change regularly)
Best move: "Jumping on Peyto early."
Worst move: "Getting into the emerging markets and listening to brokers."
Johnson's strategy at a glance:
sticks to diamond mines and energy trusts
makes sure he knows more about diamond mines and energy trusts than anyone else
spends 50 hours a week researching on the Internet
uses recurring stock price patterns in new mines and trusts to predict pricing trends
uses huge amounts of leverage to bet on a few key holdings
doesn't believe in diversification, most of his money is in just two or three trusts
not afraid to take huge risks and lose money
has a mix of buy-and-hold investments and short-term plays
will invest aggressively until age 50, then switch to a more conservative approach.
Johnson's advice: "Try to understand what you're investing in as thoroughly as you can. And don't trust what people say learn to do everything on your own."
บันทึกไม่สำเร็จ