The folly of not invesing in "Expensive" Shares - Stocks - Wazua

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The folly of not invesing in "Expensive" Shares

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VituVingiSana		#1 Posted : Thursday, October 17, 2013 8:22:35 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi		Please note "expensive" is in quotes since it refers to the PRICE not the VALUE. http://www.fool.com/inve...e-the-mistake-of-a.aspx Some of the expensive stocks that were cheap include City Trust at 350 in 2012 but now at 5 I&M at 100 each = 500 There are multiple examples if one would do their research including Equity when it was trading at 200+ or KCB at 200 or NMG or Jubilee... http://www.fool.com/inve...ke-the-mistake-of-a.aspx Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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young		#2 Posted : Friday, October 18, 2013 9:37:40 AM
Rank: Elder Joined: 6/20/2007 Posts: 2,037 Location: Lagos, Nigeria		Good thoughts. "It is better to hold a few units of something than many units of nothing ". Capital base of the stock is also important. The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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sparkly		#3 Posted : Sunday, October 20, 2013 7:25:32 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		Cheap is expensive Life is short. Live passionately.
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