Nothing is a Can't Miss
in response to
by
posted on
Jun 23, 2008 09:07AM
Creating value through Exploration and Development in the Sierra Madre of Mexico
Nothing is a can't miss! Bulk ownership by Jim Puplava is not what makes Kimber a buy. What makes Kimber a buy is Puplava's active participation in the company. Also, as far as not putting all your eggs in one basket goes. Sometimes, this is the best option. Never is never a good thing to say. Anyone who has been married for a long time understands about putting ones eggs in one basket. It forces you to be more vigilant and to care about what is yours. I would rather have one fantastic investment that I understand than 20 mediocre ones that I don't in order to diversify. Warren Buffett's quote about diversification is a good one, "Broad diversification is for those who don't know what they are doing." If you don't know what you are doing, you shouldn't be in this market or any market anyways. Sell your stocks and get into something you can understand like rental houses. You can make a lot of money doing such things. You'll make more money here, but not by owning stuff all over the place. Holy cow, who needs all those headaches? Bull