Lynch hat mehr als B&H gemacht.
Zu seiner Strategie gehörte schon das Universum, an dem er sich bediente, primär small caps.
Und wenn bestimmte fundamentals nicht mehr stimmten, kam das Zeug an die Sonne.
Der Ansatz ist etwas herausfordernder, als der von "Bloom".
https://web.csulb.edu/~pammerma/fin382/s.../lynch.htm
Seine Regeln für die "Weltherrschaft",
Unfavorable characteristics
Hot stocks in hot industries.
Companies (particularly small firms) with big plans that have not yet been proven.
Profitable companies engaged in diversifying acquisitions. Lynch terms these "diworseifications."
Companies in which one customer accounts for 25% to 50% of their sales.
Stock monitoring and when to sell
Do not diversify simply to diversify, particularly if it means less familiarity with the firms. Invest in whatever number of firms is large enough to still allow you to fully research and understand each firm. Invest in several categories of stock for diversification.
Review holdings every few months, rechecking the company "story" to see if anything has changed. Sell if the "story" has played out as expected or something in the story fails to unfold as expected or fundamentals deteriorate.
Price drops usually should be viewed as an opportunity to buy more of a good prospect at cheaper prices.
Consider "rotation"-selling played-out stocks with stocks with a similar story, but better prospects. Maintain a long-term commitment to the stock market and focus on relative fundamental values.
Zu seiner Strategie gehörte schon das Universum, an dem er sich bediente, primär small caps.
Und wenn bestimmte fundamentals nicht mehr stimmten, kam das Zeug an die Sonne.
Der Ansatz ist etwas herausfordernder, als der von "Bloom".
https://web.csulb.edu/~pammerma/fin382/s.../lynch.htm
Seine Regeln für die "Weltherrschaft",
Unfavorable characteristics
Hot stocks in hot industries.
Companies (particularly small firms) with big plans that have not yet been proven.
Profitable companies engaged in diversifying acquisitions. Lynch terms these "diworseifications."
Companies in which one customer accounts for 25% to 50% of their sales.
Stock monitoring and when to sell
Do not diversify simply to diversify, particularly if it means less familiarity with the firms. Invest in whatever number of firms is large enough to still allow you to fully research and understand each firm. Invest in several categories of stock for diversification.
Review holdings every few months, rechecking the company "story" to see if anything has changed. Sell if the "story" has played out as expected or something in the story fails to unfold as expected or fundamentals deteriorate.
Price drops usually should be viewed as an opportunity to buy more of a good prospect at cheaper prices.
Consider "rotation"-selling played-out stocks with stocks with a similar story, but better prospects. Maintain a long-term commitment to the stock market and focus on relative fundamental values.
