|
Have a good rest Mick.
I have seen the term Black Swan used elsewhere in investing, namely The Contrarian Investors 13. It is a book by Benj Gallander and it has a picture of a black swan on the cover. About contrarian investing it refers to black swans as home runs with the bases loaded, multiple baggers, or any superior ROI. I am sure your book references the same.
They are what we wait for. They are what keeps us going. They can only be had by being contrarian. Which if you are into this methodology you are.
Glad to see you had a good first quarter. I too did well. My black swans came mostly in January but that is the nature of our game as fluctuations can be severe. The sooner a player can measure success over longer terms the better.
Hope to see you back in a few weeks.
Pook
|