If you've read this blog before, you may have been amused my disclosures of owning Apple and Google stock. For about three quarters, I've been clean and have had no financial interest in either company. The company I work for has a policy dictating that discretionary trading must be conducted with the company, so I closed my external account with TD Ameritrade and open a new one with the firm. I did that on Monday because they had a table in the cafeteria and made it very convenient and rewarding. It was convenient because I could take care of the paperwork without touching a fax machine and rewarding because I was promised a BestBuy gift card for applying on the spot.
What I've done in the past is to buy stocks in which I haveblindcomplete faith. This leads to few picks and usually generously valued ones (i.e. Apple or Google). This isn't to say that I've always been successful. Asides from those two, virtually every company I've owned stock in has been de-listed, but not always for bad reasons. The most recent recently delisting was a voluntary one by Creative Technology (CREAF), but I could spend several posts talking about each of my unsuccessful picks.
One straightforward thing I might do is to try and short (or sell) companies who are grossly overvalued. I can still imagine being screwed by the strategy but it seems logical.
What I've done in the past is to buy stocks in which I have
One straightforward thing I might do is to try and short (or sell) companies who are grossly overvalued. I can still imagine being screwed by the strategy but it seems logical.
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