Quote:
Originally posted by LegendKiller
All in all, comparison of absolute numbers is almost worthless. Common sized statements and % trends quarter to quarter and year to year show a better picture. Since these are the only two companies to compare it is also harder to determine what a good industry average should be.
My last question would be what type of investor you are? What is the average hold time for a stock. This is more of a curious question.
LK
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Yes, a comparison of absolute numbers usually does not give one enough information about the company, however, just briefly glancing at their latest earnings reports, those are the numbers that stuck out to me.
I definitely agree that studying % trends quarter to quarter (moreso than year to year) are the best way to show a better analysis. Also, it is difficult to determine whether or not XMSR is performing well against that industry since there are only 2 main companies right now, which is why I am staying away at this point.
What kind of investor am I?
After taking a look at my portfolio this morning I would estimate that about 70% of my holdings are in the form of blue-chip stocks that I have held for over 2 years and a couple mutual funds. The other 30% I have put into high-risk, high-growth investments.
If I double any stock, I almost always sell it, whether I've only had it for 1 month or 1 year. I feel that if I can double my investment, then I have beaten the Street (especially in this economy).