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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Falling Knives
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Author: JohnIII ⎊  😊 😞
Number: of 1198 
Subject: Re: Costco
Date: 06/21/24 9:34 PM
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No. of Recommendations: 7
This move made me the "big dip"

Well, Jim, I'm smarter than you. Because I do what you say and not what you do :)

I purchased ANCTF in May and June 2021 when you brought it to the board's attention (good buy points, btw). You also said it rarely trades at a PE above 30, so that would signal a good time to sell. I don't believe the PE has cleared 25 since then, so I still own it. About double the S&P 500 return since then. So I'm happy.

Thanks,
John
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